Concentration Risk

12 Months Ended

Dec. 31, 2021

Risks and Uncertainties [Abstract]

Concentration Risk

24. Concentration Risk

A substantial percentage of the Group’s net revenue comes from sales made to a small number of customers to whom sales are typically made on an open account basis.

There was no customer of which the revenue accounted for 10% or more of total net revenue for the year ended December 31, 2021 and 2019. There was one customer of which the revenue accounted for 12% of total net revenue for the year ended December 31, 2020.

As of December 31, 2021, there was one customer of which the accounts receivable accounted for 21% of total accounts receivable. As of December 31, 2020, there was one customer of which the accounts receivable accounted for 32% of total accounts receivable.