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Accounts Receivable
 12 Months Ended
Dec. 31, 2012
Accounts Receivable  
Accounts Receivable

3. Accounts Receivable

 

 

 

As of December 31,

 

 

 

2011

 

2012

 

 

 

$

 

$

 

Components of accounts receivable are as follows:

 

 

 

 

 

Delivery service providers (note)

 

4,094,082

 

6,875,717

 

Other customers

 

56,582

 

114,843

 

Less: allowance for doubtful debts

 

—

 

—

 

Total

 

4,150,664

 

6,990,560

 

 

The accounts receivable for more than 10% are as follows:

 

 

 

As of
December 31

 

 

 

2011

 

2012

 

Delivery service provider A

 

35

%

—

 

Delivery service provider B

 

36

%

—

 

Delivery service provider C

 

—

 

18

%

Delivery service provider D

 

—

 

17

%

 

Note:

For certain sales transactions, delivery service providers will collect payments from the Group’s customers upon delivery of goods, and remit such payments back to the Group on a periodic basis.