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Revenue information
12 Months Ended
Dec. 31, 2019
Revenue information  
Revenue information

17.    Revenue information

Revenue consists of the following:

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 

 

 

2017

 

2018

 

2019

 

    

RMB

    

RMB

    

RMB

Base commission from transactions

 

1,652,032

 

2,034,115

 

3, 454,957

Innovation initiatives and other value-added services

 

146,489

 

248,101

 

144, 479

 

 

1,798,521

 

2,282,216

 

3,599,436

 

As the Group generates substantially all of its revenues from customers domiciled in the PRC, no geographical segments are presented. All of the Group’s long-lived assets are located in the PRC.

Innovation initiatives and other value-added services primarily consists of sales incentive income, franchise income, financial services income, loan facilitation services, parking space transaction services and revenue from other value-added services rendered to the Registered Agents and market participants.