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Property, Equipment and Software, Net
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Equipment and Software, Net

6. PROPERTY, EQUIPMENT AND SOFTWARE, NET

 

 

As of December 31,

 

 

 

2020

 

 

2021

 

 

 

(RMB in thousands)

 

Computers and equipment

 

 

138,188

 

 

 

163,057

 

Furniture and fixtures

 

 

15,539

 

 

 

18,979

 

Leasehold improvement

 

 

56,462

 

 

 

61,577

 

Software

 

 

41,849

 

 

 

83,518

 

Construction in progress

 

 

12,572

 

 

 

59,441

 

Total property, equipment and software

 

 

264,610

 

 

 

386,572

 

Accumulated depreciation and amortization

 

 

(138,916

)

 

 

(191,242

)

Total property, equipment and software, net

 

 

125,694

 

 

 

195,330

 

 

 

Depreciation and amortization expenses on property, equipment and software for the years ended December 31, 2019, 2020 and 2021 were RMB39.9 million, RMB53.4 million and RMB56.4 million, respectively.