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GOODWILL
12 Months Ended
Dec. 31, 2019
GOODWILL  
GOODWILL

6.           GOODWILL

 

On December 10, 2018, the Group acquired Ezbuy and the acquired assets were recorded at fair value at the date of acquisition, including goodwill of  $27,479. See Note 3 for details of acquisition of Ezbuy.

 

All goodwill are allocated to the product sales segment.

 

The changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2019, are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

    

Ador Inc

    

Ezbuy

    

Total

Balance at January 1, 2018

 

 

 

 

 

 

 

 

 

Goodwill

 

$

690

 

$

 

$

690

Accumulated impairment loss

 

 

 

 

 

 

 

 

$

690

 

$

 

$

690

Goodwill acquired during the year

 

 

 

 

27,479

 

 

27,479

Impairment loss

 

 

 

 

 

 

Balance at December 31, 2018

 

 

 

 

 

 

 

 

 

Goodwill

 

$

690

 

$

27,479

 

$

28,169

Accumulated impairment loss

 

 

 

 

 

 

 

 

$

690

 

$

27,479

 

$

28,169

Effect of exchange rate changes on goodwill

 

 

 

 

(247)

 

 

(247)

Impairment loss

 

 

 

 

 

 

Balance at December 31, 2019

 

 

 

 

 

 

 

 

 

Goodwill

 

$

690

 

$

27,232

 

$

27,922

Accumulated impairment loss

 

 

 

 

 

 

 

 

$

690

 

$

27,232

 

$

27,922