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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Summary of Significant Accounting Policies (Tables) [Line Items]  
Schedule of fair value hierarchy for assets and liabilities measured
   As of June 30, 2022 
   Fair Value Measurement at the Reporting Date using 
   Quoted price
in active
markets for
identical
assets
Level 1
   Significant
other
observable
inputs
Level 2
   Significant
unobservable
inputs
Level 3
   Total 
Earn-out liability from SPAC transaction  ¥
-
   ¥
-
   ¥
-
   ¥
-
 
Earn-out liability from BeeLive acquisition   
-
    
-
    6,490    6,490 
Earn-out liability from Weiliantong acquisition             13,233    13,233 
   ¥
       -
   ¥
         -
   ¥19,723   ¥19,723 

 

   As of December 31, 2021 
   Fair Value Measurement at the Reporting Date using 
   Quoted price
in active
markets for
identical
assets
Level 1
   Significant
other
observable
inputs
Level 2
   Significant
unobservable
inputs
Level 3
   Total 
Earn-out liability from SPAC transaction  ¥
       -
   ¥
         -
   ¥
-
   ¥
-
 
Earn-out liability from BeeLive acquisition   
-
    
-
    10,638    10,638 
Earn-out liability from Weiliantong acquisition   
-
    
-
    
-
    
-
 
Total  ¥
-
   ¥
-
   ¥10,638   ¥10,638 

 

Schedule of fair value recurring basis using significant unobservable inputs
   Balance 
Balance at December 31, 2020  ¥107,299 
Fair value change   33,584 
Exchange difference   (2,126)
Reclassification to shares to be issued   (128,119)
Balance at December 31, 2021  ¥10,638 
Contingent consideration resulting from Weiliantong acquisition   19,875 
Fair value change   (10,790)
Balance at June 30, 2022  ¥19,723 
Less: Contingent consideration – earn-out liability – non-current portion   (6,822)
Contingent consideration – earn-out liability –current portion  ¥12,901 

 

Schedule of types revenue
   For the six months ended 
   June 30,   June 30,   June 30, 
   2021   2022   2022 
Amounts in thousands of RMB and USD  RMB   RMB   USD 
Live streaming - consumable virtual items revenue   733,166    940,768    140,453 
Live streaming - time based virtual item revenue   17,668    14,382    2,147 
Technical services   7,423    14,823    2,213 
Total revenue   758,257    969,973    144,813 

 

Schedule of revenue platforms
   For the six months ended 
   June 30,   June 30,   June 30, 
   2021   2022   2022 
Amounts in thousands of RMB and USD  RMB   RMB   USD 
Showself   285,701    282,856    42,229 
Lehai   109,895    130,411    19,470 
Haixiu   166,117    167,450    25,000 
Beelive   189,121    243,522    36,357 
Hongren   
-
    130,911    19,544 
Technical services   7,423    14,823    2,213 
TOTAL   758,257    969,973    144,813 

 

Warrant liabilities [Member]  
Summary of Significant Accounting Policies (Tables) [Line Items]  
Schedule of assumption of volatility, risk-free rate, expected dividend rate, to generate individual stock price
   June 30,
2021
  December 31,
2021
Risk-free interest rate  0.38%  0.38%
Share price  $6.22  $5.68
Probability  20% - 50%   20%-50%

 

   June 30,
2021
  December 31,
2021
  June 30,
2022
Risk-free interest rate  0.38%  0.38%  2.49%
Share price  $6.22  $5.68  $3.27
Probability  20% - 50%  20% - 50%  20%-50%

 

   January 1,
2022
  June 30,
2022
Risk-free interest rate  0.39-0.73% 

2.52-2.86%

Share price  $5.13  $3.27
Probability  20% - 50%  20% - 50%

 

   June 30,
2021
   December 31,
2021
   June 30,
2022
 
Risk-free interest rate   0.38%   0.75%   2.87%
Share price  $6.22   $5.68   $3.27 
Volatility   54%   53%   62%

 

Schedule of fair value recurring basis using significant unobservable inputs
   Balance 
Balance as of December 31, 2020  ¥29,558 
Fair value change   (16,421)
Exercised   (115)
Exchange difference   (2,698)
Balance as of December 31, 2021   10,324 
Fair value change   (8,382)
Exchange difference   268 
Balance as of June 30, 2022  ¥2,210