Revenue

12 Months Ended

Dec. 31, 2018

Revenue [Abstract]

Revenue

23 Revenue

The table below shows the Group’s revenue streams disaggregated by its categories that depict the nature, amount, timing and uncertainty of revenue and cash flows by their economic factors.

		31/12/2016		31/12/2017		31/12/2018
	Timing of revenue recognition	US$’000		US$’000		US$’000
Merchandise revenue	Merchandise revenue recognized at a point in time		125,769		104,347		83,412
Marketplace revenue	Service revenue recognized at a point in time		2,234		3,056		4,498
Rental revenue	Short-term rental revenue recognized over time		–		336		469
			128,003		107,739		88,379

Contract balances

The following table provides information about trade receivables and contract liabilities from contracts with customers.

	Note		31/12/2017			31/12/2018
			US$’000			US$’000
Trade receivables		11		3,600			3,890
Contract liabilities		21		(3,426	)		(4,297	)

The amount of US$3,426,000 recognised in contract liabilities at the beginning of the period has been recognised as revenue for the period ended 31 December 2018.

No information is provided about remaining performance obligations at 31 December 2018 that have an original expected duration of one year or less, as allowed by IFRS 15.