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RELATED PARTY TRANSACTIONS AND BALANCES (Tables)

12 Months Ended

Dec. 31, 2022

RELATED PARTY TRANSACTIONS AND BALANCES

Schedule of related party transactions and balances

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​
​		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	​

​

​	​	​	​	​	​	​
​	​	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).

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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.

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