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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2023
Accrued Liabilities and Other Liabilities [Abstract]  
Summary of accrued expenses and other current liabilities

Accrued expenses and other current liabilities consisted of the following:

 

As of December 31,

 

 

2022

 

 

2023

 

 

US$

 

 

US$

 

Accrued payroll and welfare

 

 

15,761,463

 

 

 

19,043,496

 

Income and non-income-based taxes payables

 

 

9,389,054

 

 

 

7,319,738

 

Accrued professional expenses

 

 

2,445,075

 

 

 

4,300,517

 

Accrued marketing expenses

 

 

4,182,606

 

 

 

3,863,879

 

Advanced from customers

 

 

1,904,019

 

 

 

3,425,224

 

Accrued data and IT service expenses

 

 

1,467,007

 

 

 

1,301,092

 

Amounts due to employees for sale of their shares exercised under the share incentive plan

 

 

1,368,771

 

 

 

2,702,901

 

Others

 

 

1,259,754

 

 

 

425,099

 

Total

 

 

37,777,749

 

 

 

42,381,946