Commitments

12 Months Ended

Dec. 31, 2023

Capital commitments [abstract]

Commitments

31.Commitments

(a)Operating commitments

The following table summarizes future minimum commitments of the Group under non-cancelable operating arrangements:

	2022		2023
	RMB’million		RMB’million
Within one year		61		31
Later than one year but not later than five years		18		12
		79		43

As at December 31, 2023, the operating commitments of the Group are mainly related to property management and other services.

(b)Content royalty

The Group is subject to the following minimum royalty payments associated with its license agreements:

	2022		2023
	RMB’million		RMB’million
Within one year		1,743		2,949
Later than one year but not later than five years		350		1,510
		2,093		4,459

(c)Investment commitments

As at December 31, 2022 and 2023, the Group had commitments of approximately RMB13 million and RMB25 million to invest in equity interest of certain entities.