RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

12 Months Ended

Mar. 31, 2022

RELATED PARTY BALANCES AND TRANSACTIONS

Schedule of table sets forth the major related parties and their relationships with the Group

The table below sets forth the major related parties and their relationships with the Group as of March 31, 2021 and 2022:

Name of related parties	Relationship with the Group
58.com	2024 Notes holder who appointed one of the Board members of the Company before July 12, 2021
NIO Capital and Joy Capital	Holders of senior convertible preferred shares
Weiche	Equity-method investee of the Company

Schedules of amounts due from and to related parties, and transactions with related parties

Amounts due from related party

	March 31, 2021		March 31, 2022
	RMB		RMB
Consideration receivables, net (Note 3)
58.com		129,383		—
Amounts due to related party
	March 31, 2021		March 31, 2022
	RMB		RMB
Unpaid advertising expenses
58.com		69,434		—

Transactions with related parties

	For the year ended December 31,		For the three months ended March 31,		For the fiscal year ended March 31,		For the fiscal year ended March 31,
	2019		2020		2021		2022
	RMB		RMB		RMB		RMB
Advertising service provided by the related parties
58.com		47,054		23,520		89,843		—
Weiche		—		—		—		351
		47,054		23,520		89,843		351
Inventory leads sold to the related party
58.com		—		—		10,869		176
Gain from the divestiture of 2B business (Note 3)
58.com		—		—		735,956		—