Due from related parties, net

	As of December 31,
	2016			2015
	US$(’000)			US$(’000)

Beijing Saimeiwei Food Equipment Technology Co., Ltd.		31			35
Chuangshi Meiwei (Beijing) International Investment Management Co., Ltd.		150			4
Guohua Shiji (Beijing) Communication Co., Ltd.		175			-
Beijing Saturday Education Technology Co., Ltd.		1			2
		357			41
Allowance for doubtful debts		(144	)		-
Due from related parties, net		213			41

Related parties of the Company represented the Company’s direct or indirect unconsolidated investee companies. The Company provides advertising, marketing and data services to these related parties in its normal course of business on the same terms as those provided to its unrelated clients. Due from related parties represented the outstanding receivables for the advertising, marketing and data services that the Company provided to these related parties as of each reporting date. As of

December

31,

2016,

due from related parties also included short-term working capital loans of

RMB1.0

million (approximately

US$0.14

million) and

RMB1.2

million (approximately

US$0.17

million) to Chuangshi Meiwei and Guohua Shiji, respectively. The working capital loans are non-interest bearing and needs to be repaid to the Company within

one

year.

Based on the assessment of the collectability, the Company recorded approximately

US$150,000

and US$nil allowance for doubtful accounts against its amounts due from related parties for the years ended

December

31,

2016

and

2015,

respectively. Allowance provided for the year ended

December

31,

2016

was related to the working capital loan lent to Chuangshi Meiwei, as a result of the unfavorable facts related to the business status of this related party, as discussed in Note

10.