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ACCOUNTS PAYABLE (Tables) | 12 Months Ended
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Dec. 31, 2021
Payables and Accruals [Abstract] |
Schedule of accounts payable |
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Merchandise purchase payables |  |  | 292,515 |  |  |  | 150,241 |
Warehouse and logistic fees payables |  |  | 7,512 |  |  |  | 4,784 |
Payable to merchants (1) |  |  | 201,522 |  |  |  | 99,814 |
Total accounts payable |  |  | 501,549 |  |  |  | 254,839 |
(1) | Payable to merchants represents the unpaid balances to the merchants of cash collected by the Group on behalf of the merchants for products sold on Yunji App when the Group is viewed as the agent in the sales arrangement.

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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