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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2015
CNY (¥)
Dec. 31, 2014
CNY (¥)
Dec. 31, 2013
CNY (¥)
Cash flows from operating activities:        
Net loss $ (225,753) ¥ (1,462,385) ¥ (447,858) ¥ (79,632)
Adjustments to reconcile net loss to net cash provided by/(used in) operating activities:        
Depreciation of property and equipment 4,329 28,041 10,869 8,764
Amortization of intangible assets 8,924 57,810 984 482
Foreign exchange (gain)/loss 16,405 106,271 2,729 (1,286)
Loss from disposal of property and equipment 32 210 62 ¥ 114
Share-based compensation expenses 10,056 65,143 ¥ 39,173
Change of deferred tax liabilities (163) (1,057)
Changes in operating assets and liabilities:        
Accounts receivable (11,497) (74,475) ¥ (6,356) ¥ 4,574
Amounts due from related parties (9,165) (59,367) (637)
Prepayments and other current assets (92,677) (600,346) (287,811) ¥ (159,510)
Other non-current assets (49,056) (317,775) (13,374) (331)
Accounts payable 49,477 320,502 84,394 ¥ 161,608
Amounts due to related parties 4,440 28,762  
Taxes payable 631 4,089 2,560 ¥ 725
Advances from customers 82,178 532,335 242,090 152,524
Accrued expenses and other liabilities 132,377 857,507 102,073 28,704
Net cash provided by /(used in) operating activities (79,462) (514,735) (271,102) 116,736
Cash flows from investing activities:        
Purchase of short-term investments (175,938) (1,139,691) (547,575) (451,800)
Proceeds from maturity of short-term investments 68,254 442,136 405,000 154,800
Changes in restricted cash (45,446) (294,387) (34,780) (2,375)
Purchase of property and equipment and intangible assets (24,002) (155,478) (50,622) ¥ (4,843)
Proceeds from disposal of property and equipment 24 155 ¥ 54
Acquisition, net of cash received (9,285) (60,149)
Purchase of yield enhancement products (110,935) (718,619)
Proceeds from maturity of yield enhancement products 1,677 10,865
Net cash used in investing activities $ (295,651) ¥ (1,915,168) ¥ (227,923) ¥ (304,218)
Cash flows from financing activities:        
Proceeds from issuance of Series D Convertible Preferred Shares, net of issuance cost ¥ 306,360
Proceeds from the initial public offering, net of issuance cost ¥ 632,472
Proceeds from the private placement, net of issuance cost $ 375,162 ¥ 2,430,223 905,590
Proceeds from issuance of ordinary shares upon exercise of options 1,951 12,637 ¥ 2,335
Proceeds from sales of yield enhancement products 89,456 579,474
Repayment of short-term debt (2,316) (15,000)
Acquisition of noncontrolling interests (231) (1,496)
Net cash provided by financing activities 464,022 3,005,838 ¥ 1,540,397 ¥ 306,360
Effect of exchange rate changes on cash and cash equivalents 10,429 67,560 (3,053) 1,287
Net increase in cash and cash equivalents 99,338 643,495 1,038,319 120,165
Cash and cash equivalents at the beginning of year 25,034 1,457,722 419,403 299,238
Cash and cash equivalents at the end of year 324,372 2,101,217 1,457,722 419,403
Supplemental disclosure of non-cash investing and financing activities        
Accrual related to purchase of property and equipment $ 2,926 ¥ 18,953 9,345 117
Deemed dividends to preferred shareholders 15,606 ¥ 59,428
Accrued issuance cost related to private placement ¥ 14,076
Accrual related to deferred initial public offering costs ¥ 2,127
Receivables related to exercise of stock options $ (522) ¥ (3,379) ¥ (1,020)
Accrual related to business acquisition $ 6,502 ¥ 42,116