RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2020

21.	RELATED PARTY TRANSACTIONS

(a) Related parties⁽¹⁾

Name of related parties	Relationship with the Company

i) Tencent Limited and its affiliates (“Tencent”)	A shareholder of the Company

⁽¹⁾

These are the related parties that have engaged in significant transactions with the Company for the years ended December 31, 2018, 2019 and 2020.

(b)

The Company had the following significant related party transactions for the years ended December 31, 2018, 2019 and 2020:

	2018 $		2019 $		2020 $
Royalty fee and license fee to:
- Tencent		96,713		122,234		110,686

Services provided by:
- Tencent		13,066		19,005		23,352

Issuance of convertible notes to:
- Tencent		50,000		–		–

Interest expense to:
- Tencent		2,092		563		–

Conversion of convertible notes (principal amount) by:
- Tencent		–		100,000		–

(c)

The Company had the following related party balances for the years ended December 31, 2019 and 2020:

	December 31,
	2019 $		2020 $
Amounts due from related parties:
Current:
- Tencent		477		553

Amounts due to related parties:
Current:
- Tencent		34,970		38,416