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Other current liabilities
 12 Months Ended
Dec. 31, 2018
Other Liabilities, Current [Abstract]  
Other current liabilities
11. Other current liabilities

 

The following is a summary of other current liabilities as of December 31, 2017 and 2018:

 

   

December 31, 2017

RMB

    

December 31, 2018

RMB

  
Borrowing from a third party *     19,486       -  
Professional service fee     3,392       10,238  
Borrowings from employees **     3,235       -  
Online promotional expense payables     -       9,554  
Software purchases payables     -       2,760  
Tickets printing&delivery payables     -       2,450  
Advertising expenses     1,333       8,611  
Interests payable     514       -  
Others     1,087       2,813  
Total     29,047       36,426  

 

* In 2016, the Group obtained an interest free loan of RMB32.5 million from a third party who has a close relationship with Mr. Wei Wen, Chairman of the Board of Directors and CEO of the Company. As this loan was obtained via the CEO, the Group had accounted for the imputed interest at 5% per annum based on a rate within the range of the Company's cost of borrowings as a deemed capital contribution on behalf of the CEO. The loan had no repayment schedule, and was fully repaid by June 18, 2018.

 

** In 2017, the Group obtained loans from several employees totaling RMB3.2 million, at 4% interest rate per annum. These loans had no repayment schedule, and were fully repaid by July 2, 2018.