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RELATED PARTY BALANCES AND TRANSACTIONS | 12 Months Ended
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Dec. 31, 2021
Related Party Transactions [Abstract] |
RELATED PARTY BALANCES AND TRANSACTIONS | 26. RELATED PARTY BALANCES AND TRANSACTIONS The table below sets forth the major related parties and their relationships with the Group as of December 31, 2021:
Name of related parties |  | Relationship with the Group
Small Ye Group |  | Controlled by Mr. Xiao Shanglue, Founder and CEO of the Group
Hangzhou Jixi Internet Technology Co., Ltd. (“Jixi”) |  | An associate of the Group (incorporated in 2018)
Hangzhou Tianshi Technology Co., Ltd. (“Tianshi”) |  | An associate of the Group (incorporated in 2017)
Hangzhou Zhangtaihe Health Technology Co., Ltd. (“Zhangtaihe ”)* |  | An associate of the Group (incorporated in 2018)
Guangdong Weixin Technology Co., Ltd. (“Weixin”) |  | An associate of the Group (incorporated in 2018)
Beijing Siwei Technology and Culture Co., Ltd. (“Siwei”) |  | An associate of the Group (incorporated in 2018)
Hangzhou Adopt A Cow Biological Technology Co., Ltd. (“Zhaomu”) |  | An associate of the Group (incorporated in 2018)
Hangzhou Bixin Biotechnology Co., Ltd. (“Bixin”) |  | An associate of the Group (incorporated in 2019)
Hunan Haomei Haomei Cosmetics Co., Ltd. (“Haomei ”)* |  | An associate of the Group (incorporated in 2019)
Ningbo Langfei Life Electric Co., Ltd. (“Langfei ”)* |  | An associate of the Group (incorporated in 2019)
Shenzhen Liumang Yike Food & Beverage Management Co., Ltd. (“Liumang Yike”) |  | An associate of the Group (incorporated in 2019)
Guangzhou Misili Personal Care Products Co., Ltd. (“Misili”) |  | An associate of the Group (incorporated in 2019)
Shanxi Yunnong Logistic Management Co., Ltd. (“Yunnong”) |  | An associate of the Group (incorporated in 2019)
Zhejiang Zhengdao Fengju Supply Chain Management Co., Ltd. (“Zhengdao ”)* |  | An associate of the Group (incorporated in 2019)
Hangzhou Yuncheng Brand Management Co., Ltd. (“Yuncheng”) |  | An associate of the Group (incorporated in 2020)
Zhejiang Jimi E-commerce Co., Ltd. (“Jimi”) |  | An associate of the Group (incorporated in 2020)
Hangzhou Huaji Brand Marketing Management Co., Ltd. (“Huaji”) |  | An associate of the Group (incorporated in 2020)
Zhejiang Jibi Technology Co., Ltd. (“Jibi”) |  | An associate of the Group (incorporated in 2020)
Huzhou Boyun e-commerce Co., Ltd. (“Poyun”) |  | An associate of the Group (incorporated in 2020)
Yunmu Dairy (Jiangsu) Co., Ltd. (“Yunmu”) |  | An associate of the Group (incorporated in 2020)
Hangzhou Jiao sanitary products Co., Ltd. (“Ji’Ao ”)* |  | An associate of the Group (incorporated in 2020)
Hangzhou Xingsheng Brand Marketing Management Co., Ltd. (“Xingsheng”) |  | An associate of the Group (incorporated in 2020)
Hainan Yunding Supply Chain Management Co., Ltd. (“Yunding”) |  | An associate of the Group (incorporated in 2020)
* | The investments in these associates were disposed by the Group in 2021.
The Group entered into agreements with aforementioned equity method classified investees as related party transactions, including purchase of merchandise from them and marketplace services provided to them. Details of related party balances and transactions as of December 31, 2019, 2020 and 2021 are as follows: Advance to related parties and amounts due from related parties
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Advance to related parties |  |  |  |  |  |  |  |
Weixin |  |  | 3,682 |  |  |  | — |
Amounts due from related parties |  |  |  |  |  |  |  |
Jixi |  |  | 3,012 |  |  |  | 1,112 |
Yuncheng |  |  | 971 |  |  |  | 1,179 |
Others |  |  | 176 |  |  |  | 241 |
|  |  | 4,159 |  |  |  | 2,532 |
Total |  |  | 7,841 |  |  |  | 2,532 |
Amounts due to related parties
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Weixin |  |  | 100 |  |  |  | 5,413 |
Xingsheng |  |  | 343 |  |  |  | 1,515 |
Jixi |  |  | 1,828 |  |  |  | 1,270 |
Yunnong |  |  | 605 |  |  |  | 1,249 |
Bixin |  |  | 3,423 |  |  |  | 1,150 |
Tianshi |  |  | 840 |  |  |  | 1,037 |
Jimi |  |  | 2,542 |  |  |  | 756 |
Jibi |  |  | 466 |  |  |  | 749 |
Small Ye Group |  |  | 967 |  |  |  | 691 |
Yuncheng |  |  | 126 |  |  |  | 402 |
Poyun |  |  | 309 |  |  |  | 455 |
Huaji |  |  | 889 |  |  |  | 163 |
Zhengdao |  |  | 2,227 |  |  |  | — |
Haomei |  |  | 1,703 |  |  |  | — |
Zhaomu |  |  | 4,180 |  |  |  | — |
Zhangtaihe |  |  | 641 |  |  |  | — |
Others |  |  | 1,800 |  |  |  | 780 |
|  |  | 22,989 |  |  |  | 15,630 |
The terms of the agreements the Group entered into with the related parties are comparable to the terms in arm’s-length transactions with third-party customers and vendors. Transactions with related parties
|  | Year Ended December 31, 2019 |  |  | Year Ended December 31, 2020 |  |  | Year Ended December 31, 2021 |
|  | RMB |  |  | RMB |  |  | RMB |
Purchase of merchandise |
Jimi |  |  | — |  |  |  | — |  |  |  | 17,519 |
Weixin |  |  | 79,309 |  |  |  | 9,214 |  |  |  | 14,508 |
Yuncheng |  |  | — |  |  |  | 2,239 |  |  |  | 13,147 |
Xingsheng |  |  | — |  |  |  | 600 |  |  |  | 11,768 |
Tianshi |  |  | 25,295 |  |  |  | 17,021 |  |  |  | 11,256 |
Bixin |  |  | 69,311 |  |  |  | 31,825 |  |  |  | 7,637 |
Yunnong |  |  | 8,006 |  |  |  | 21,453 |  |  |  | 4,301 |
Huaji |  |  | 0 |  |  |  | 2,573 |  |  |  | 4,265 |
Siwei |  |  | 5,626 |  |  |  | 7,710 |  |  |  | 2,441 |
Liumang Yike |  |  | — |  |  |  |  |  |  |  | 1,498 |
Misili |  |  | 8,230 |  |  |  | 3,315 |  |  |  | 1,091 |
Yunding |  |  | — |  |  |  | 1,652 |  |  |  | 869 |
Poyun |  |  | — |  |  |  | — |  |  |  | 801 |
Zhaomu |  |  | 103,269 |  |  |  | 53,790 |  |  |  | — |
Zhengdao |  |  | 31,418 |  |  |  | 28,372 |  |  |  | — |
Haomei |  |  | 13,443 |  |  |  | 16,404 |  |  |  | — |
Yunmu |  |  | — |  |  |  | 4,543 |  |  |  | — |
Ji’Ao |  |  | — |  |  |  | 1,712 |  |  |  | — |
Langfei |  |  | 3,507 |  |  |  | 1,117 |  |  |  | — |
Zhangtaihe |  |  | 16,400 |  |  |  | 482 |  |  |  | — |
Small Ye Group |  |  | 3,097 |  |  |  | 307 |  |  |  | — |
Others |  |  | 431 |  |  |  | 946 |  |  |  | 1,014 |
|  |  | 367,342 |  |  |  | 205,275 |  |  |  | 92,115 |
|  | Year Ended December 31, 2019 |  |  | Year Ended December 31, 2020 |  |  | Year Ended December 31, 2021 |
|  | RMB |  |  | RMB |  |  | RMB |
Marketplace service provided to related parties |
Jimi |  |  | — |  |  |  | 2,379 |  |  |  | 5,637 |
Yuncheng |  |  | — |  |  |  | 2,932 |  |  |  | 3,309 |
Bixin |  |  | 373 |  |  |  | 2,759 |  |  |  | 2,322 |
Liumang Yike |  |  | 301 |  |  |  | 227 |  |  |  | 49 |
Jibi |  |  | — |  |  |  | 522 |  |  |  | 36 |
Zhangtaihe |  |  | — |  |  |  | 876 |  |  |  | — |
Jixi |  |  | — |  |  |  | 574 |  |  |  | — |
Others |  |  | 91 |  |  |  | 701 |  |  |  | 730 |
|  |  | 765 |  |  |  | 10,970 |  |  |  | 12,083 |
Other goods and services provided to related parties |  |  |  |  |  |  |  |  |  |  |  |
Jimi |  |  | — |  |  |  | — |  |  |  | 313 |
Yuncheng |  |  | — |  |  |  | 171 |  |  |  | 208 |
Zhaomu |  |  | — |  |  |  | 73 |  |  |  | — |
Weixin |  |  | — |  |  |  | 58 |  |  |  | — |
Bixin |  |  | — |  |  |  | 31 |  |  |  | — |
Others |  |  | — |  |  |  | 60 |  |  |  | 18 |
|  |  | — |  |  |  | 393 |  |  |  | 539 |

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include 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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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