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Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2017
Summary of significant accounting policies [Abstract]  
Schedule of Property and Equipment Estimated Useful Life
 
 
Estimated useful lives
 
Residual rate
 
Servers and network equipment
 
5 years
 
 
5
%
Computer equipment
 
5 years
 
 
5
%
Furniture, fittings and office equipment
 
5 years
 
 
5
%
Motor vehicles
 
5 years
 
 
5
%
Leasehold improvements
 
shorter of lease term or 3 years
 
 
 
Analysis of Different Types of Revenues
Revenue from continuing operations
 
Years ended December 31,
 
(In thousands)
 
2015
 
2016
 
2017
 
Subscription revenue
 
 
82,435
 
 
90,163
 
 
84,956
 
Advertising revenue
 
 
4,802
 
 
16,874
 
 
22,484
 
Product revenue (note a)
 
 
2,512
 
 
4,543
 
 
32,894
 
Other internet value-added services (note b)
 
 
15,088
 
 
29,405
 
 
61,577
 
Total
 
 
104,837
 
 
140,985
 
 
201,911
 
 
note a:
Product revenue mainly comprise of sales of ZQB and OneThing Cloud devices.
 
note b:
Other internet value-added services mainly comprise of CDN revenue, live video services, provision of technical services, traffic referral programs, and online game revenue.
 
The Group is entitled to receive a mutually agreed revenue sharing of the net advertising income, with reference to market price, generated by Beijing Xiaomi Mobile Software on a products pre-installed with the technology solution provided by the Group for the period from January 2016 to mid-June 2017 totaling USD 5.8 million, which was recognized as revenue in 2017 (note 20).
Schedule of Balances of Registered Capital, Additional Paid-in-Capital and Statutory Reserves
(In thousands)
 
December 31,
2016
 
December 31,
2017
 
Paid-in capital
 
 
118,733
 
 
137,194
 
Additional paid-in capital
 
 
161
 
 
161
 
Statutory reserves
 
 
5,132
 
 
5,132
 
Total
 
 
124,026
 
 
142,487