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RELATED PARTY TRANSACTIONS AND BALANCES
12 Months Ended
Dec. 31, 2022
RELATED PARTY TRANSACTIONS AND BALANCES  
RELATED PARTY TRANSACTIONS AND BALANCES

13.RELATED PARTY TRANSACTIONS AND BALANCES

The table below sets forth the major related parties and their relationships with the Group:

    

Name

    

Relationship

 

(a)

Mr. Lin Mingjun (“Mr. Lin”)

A controlling shareholder and chief executive officer of the Group

(b)

Renren Inc.

A non-controlling shareholder of the Company

Amounts due to related parties

As of December 31, 2021 and 2022, significant amounts due to related parties consisted of the following:

As of December 31,

    

2021

    

2022

Renren and its subsidiaries(1)

$

3,943

$

1,427

Mr. Lin

 

200

Amounts due to related parties

$

3,943

$

1,627

(1)The balance mainly represented the advance fund provided by Renren and its subsidiaries to finance the Group’s daily operations. The amount due to Renren and its subsidiaries of $2,516 were stripped off in conjunction with the disposal of the subsidiaries (Note 4).