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INCENTIVE PAYABLES TO MEMBERS

12 Months Ended

Dec. 31, 2021

Payables and Accruals [Abstract]

INCENTIVE PAYABLES TO MEMBERS

13. INCENTIVE PAYABLES TO MEMBERS

		As of December 31,
		2020				2021
		RMB				RMB
Incentive payables to members			312,170				265,612

Incentive payable to members represents unpaid balances of discounts granted to members for their self-purchase and referral incentives earned by the members for their referral efforts and is transferred to the members’ individual Yunji App accounts. These unpaid balances are maintained collectively in the members’ Yunji App accounts and can be withdraw as cash upon the members’ requests.

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The entire disclosure of incentive payables to members.

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