Short-term investments

12 Months Ended

Dec. 31, 2019

Short-term investments

Short-term investments

7. Short-term investments

As of December 31, 2018 and 2019, the Group’s short-term investments consist of time deposits and financial products offered by commercial banks in the PRC amounted to RMB2,321,244 and RMB3,052,726, respectively, which matures within one year and are classified as current assets. The amount of interest income recognized but not yet paid as of December 31, 2018 and 2019 was RMB48,604 and RMB11,621, respectively.