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Net Loss Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share
19.
NET LOSS PER SHARE
Basic and diluted net loss per share for the years ended December 31, 2019, 2020 and 2021 are calculated as follows:
 
 
  
For the years ended December 31,
 
 
  
2019
 
 
2020
 
 
2021
 
 
  
Ordinary
shares
 
 
Ordinary
shares
 
 
Class A
 
 
Class B
 
 
  
RMB
 
 
RMB
 
 
RMB
 
 
US$
 
 
RMB
 
 
US$
 
 
  
(in thousands, except for number of shares)
 
Numerator:
  
     
 
     
 
     
 
     
 
     
 
     
Net loss
  
 
(1,873,383
 
 
(3,176,914
 
 
(4,628,133
 
 
(726,255
 
 
(1,800,926
 
 
(282,605
Accretion of redeemable convertible preferred shares
  
 
(74,558
 
 
(320,301
 
 
(207,598
 
 
(32,577
 
 
(80,782
 
 
(12,676
Deemed dividend
  
 
(46,168
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator for computing basic and diluted net loss per share
  
 
(1,994,109
)
 
 
 
(3,497,215
)
 
 
 
(4,835,731
)
 
 
 
(758,832
)
 
 
 
(1,881,708
)
 
 
 
(295,281
)
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
  
     
 
     
 
     
 
     
 
     
 
     
Weighted average number of ordinary shares outstanding
  
 
61,446,250
 
 
 
63,690,000
 
 
 
140,170,091
 
 
 
140,170,091
 
 
 
54,543,800
 
 
 
54,543,800
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss
p
er
s
hare
(RMB):
  
     
 
     
 
     
 
     
 
     
 
     
Basic and diluted net loss per share:
  
 
(32.45
 
 
(54.91
 
 
(34.50
 
 
(5.41
 
 
(34.50
 
 
(5.41
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
29,633,200
ordinary shares held by EatBetter Holding Limited as of December 31, 2021 are considered issued but not outstanding (Note 14) and therefore, not included in the calculation of basic and diluted loss per share
.
Following the Share Subdivision as detailed in Note 13, each issued and outstanding ordinary share and redeemable convertible preferred share was subdivided into fifty ordinary shares. The weighted average number of ordinary shares used for the calculation of basic and diluted earnings loss share for the years ended December 31, 2019 and 2020 have been retrospectively adjusted.