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Related party transactions (Tables)
12 Months Ended
Dec. 31, 2016
Related party transactions [Abstract]  
Schedule of major related party and their relationships
Name of related parties
 
Relationship with the Group
Alibaba Group Holding Limited (“Alibaba Group”)
 
Parent company of Alibaba, one of the Group’s ordinary shareholders
 
 
 
Ahead (Shanghai) Trade Co., Ltd. (“Ahead”)
 
Subsidiary of Softbank, one of the Group’s ordinary shareholders
Schedule of Related Party Transactions
(a) The Group entered into the following transactions with its related parties:
 
 
 
For Year Ended December 31,
 
 
 
2014
 
2015
 
2016
 
 
 
RMB
 
RMB
 
RMB
 
 
 
 
 
 
 
 
 
Marketing and platform service fees paid to Alibaba Group
 
 
69,072
 
 
141,412
 
 
246,136
 
Logistic service fees paid to Alibaba Group
 
 
1,603
 
 
2,059
 
 
-
 
Store operation service revenue generated from Ahead
 
 
622
 
 
7,850
 
 
3,606
 
Commission fee paid to Ahead
 
 
484
 
 
1,134
 
 
4,285
 
Schedule of Related Party Balances
(b) The Group had the following balances with its related parties:
 
 
 
As of December 31,
 
 
 
2015
 
2016
 
 
 
RMB
 
RMB
 
 
 
 
 
 
 
Amount due to Investors and Founding Shareholders
 
 
7,469
 
 
-
 
Amount due from Alibaba Group
 
 
18,702
 
 
10,392
 
Amount due from Ahead
 
 
18,863
 
 
28,380