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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of estimated useful lives of property and equipment

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​		Estimated Useful Life
Computer equipment and application software	​	2 - 3 Years
Furniture and vehicles	​	5 Years

​

Schedule of estimated useful lives of intangible assets

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​	​	​
​		Estimated Useful Life
Software		10 Years
Domain name		10 Years
Trademark		10 Years

​

Schedule of disaggregation of revenue

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​	​	​	​	​	​	​	​	​	​
​		For the year ended December 31,
​	​	2020			2021			2022
Used-car sales	​	$	—	​	$	251,054	​	$	80,034
New-car wholesales	​		1,207	​		2,786	​		2,806
Total revenues	​	$	1,207	​	$	253,840	​	$	82,840

​

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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