Related Party Balances and Transactions

12 Months Ended

Dec. 31, 2019

RELATED PARTY BALANCES AND TRANSACTIONS


Major related parties		Relationship with the Group
Hangzhou Alimama Technology Co., Ltd. (i)		Affiliates of a Major Shareholder
Guangzhou Aijiuyou Informational Technology Co., Ltd. (i)		Affiliates of a Major Shareholder
Alibaba Cloud Computing Ltd. (i)		Affiliates of a Major Shareholder
Taobao (China) Software Co., Ltd. (i)		Affiliates of a Major Shareholder
Zhejiang Tmall Technology Co., Ltd. (i)		Affiliates of a Major Shareholder
Hangzhou Yihong Advertisement Co., Ltd. (i)		Affiliates of a Major Shareholder
Guangzhou Jianyue Information Technology Co., Ltd. (i)		Affiliates of a Major Shareholder
Hunan Qindao Network Media Technology Co., Ltd.		Affiliate of a long-term investee
Hunan Qindao Cultural Spread Ltd.		Long-term investee
Beijing Shiyue Haofeng Media Co. Ltd.		Long-term investee

(i)	The parent company of these entities ceased to be a major shareholder of the Group in November 2017.

(1)

Amount due from related parties-current


	As of December 31,
	2018		2019
	RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (ii)		—		4,382

Total		—		4,382

(ii)	The amount of RMB4,382 as of December 31, 2019 represented the uncollected amounts for the mobile marketing services provided to Hunan Qindao Network Media Technology Co., Ltd.

(2)

Amount due to related parties - current


	As of December 31,
	2018		2019
	RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (iii)		43,178		29,596
Amount due to ordinary shareholders (iv)		39,704		—
Others		66		10

Total		82,948		29,606

(iii)

The amount of RMB43,178

and RMB29,596 as of December 31, 2018 and 2019 primarily represented the unpaid revenue sharing of live video service to Hunan Qindao Network Media Technology Co., Ltd.

(iv)	The amount of RMB39,704 as of December 31, 2018 primarily included the unpaid repurchase amount by the Group to its ordinary shareholders , which was fully paid in the year ended December 31, 2019.

(3)

Sales to related parties


	For the years ended December 31,
	2017		2018		2019
	RMB		RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (v)		—		—		5,449
Hangzhou Yihong Advertisement Co., Ltd. (v)		17,659		—		—
Hangzhou Alimama Technology Co., Ltd. (v)		2,309		—		—
Guangzhou Aijiuyou Informational Technology Co., Ltd. (vi)		1,242		—		—
Zhejiang Tmall Technology Co., Ltd. (v)		500		—		—
Others		12		—		—

Total		21,722		—		5,449

(v)	The sales to related parties represented mobile marketing services provided.

(vi)	The sales to related parties represented mobile game revenue generated through those game operating companies.

(4)

Purchase from related parties


	For the years ended December 31,
	2017		2018		2019
	RMB		RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (vii)		139,406		429,345		497,789
Beijing Shiyue Haofeng Media Co., Ltd. (vii)		—		2,005		2,070
Alibaba Cloud Computing Ltd. (viii)		74,705		—		—
Hunan Qindao Cultural Spread Ltd. (vii)		61,676		—		—
Taobao (China) Software Co., Ltd.		2,283		—		—
Guangzhou Jianyue Information Technology Co., Ltd.		803		—		—

Total		278,873		431,350		499,859

(vii)

The purchases from Hunan Qindao Network Media Technology Co., Ltd., Beijing Shiyue Haofeng Media Co., Ltd. and Hunan Qindao Cultural Spread Ltd. mainly represent the Revenue Sharing.

(viii)

The purchase from Alibaba Cloud Computing Ltd. is mainly related to its cloud computing services.