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RELATED PARTY TRANSACTIONS | 12 Months Ended
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Dec. 31, 2019
RELATED PARTY TRANSACTIONS |
RELATED PARTY TRANSACTIONS | 18. RELATED PARTY TRANSACTIONS The table below sets forth the related party and its relationship with the Group
Name of related party |  | Relationship with the Group
Zhejiang Youzhan Information Technology Co., Ltd. |  | Entity controlled by Chief Operating Officers of the Group
In September 2018, the Group purchased electronic equipment RMB157 from Zhejiang Youzhan Information Technology Co., Ltd., and there were no similar purchases occurred in 2019. The following table presents amounts owed from related parties as of December 31, 2018 and 2019:
|  | As of December 31,
|  | 2018 |  | 2019
Accrued expenses and other current liabilities |  | 157 |  | —

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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