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SHARE BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of assumptions used to estimate the fair value of the share options granted to employees

    

2020

 

2021

Risk-free interest rate

 

0.82

%

1.04

%

Expected volatility

 

74.37

%

74.49

%

Expected dividend yield

 

0.00

%

0.00

%

Exercise multiple

 

2.20

2.20

Expected post-vesting forfeiture rate

 

0.00

%

0.00

%

Fair value of share option

US$

0.6323

US$

1.0675

2019 Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of the employee equity award activity

Weighted-

Weighted-

average

Weighted-

average

remaining

Aggregate

Number of

average

grant-date

contractual

intrinsic

options

exercise price

fair value

term

Value

    

    

US$

    

US$

    

Years

    

US$

Outstanding as of December 31, 2018

 

 

 

 

 

Granted

 

79,015,500

 

0.0002

 

43,045

 

 

Vested

(19,753,888)

0.0002

10,761

Forfeit

 

 

 

 

 

Outstanding as of December 31, 2019

 

59,261,584

 

0.0002

 

32,284

 

9

 

291,567

Granted

25,917,240

0.0002

16,387

Vested

(18,499,536)

0.0002

10,985

Forfeit

(32,492,992

0.0002

17,701

Outstanding as of December 31, 2020

34,186,296

0.0002

19,985

8

36,237

Granted

2,795,601

0.0002

2,984

Vested

(19,617,776)

0.0002

12,181

Forfeit

(2,370,736)

0.0002

1,292

Outstanding as of December 31, 2021

14,993,385

0.0002

9,496

7

17,692

Expected to vest as of December 31, 2021

 

14,993,385

 

0.0002

 

9,496

17,692

Exercisable as of December 31, 2021

 

45,459,688

0.0002

27,168

53,642

2021 plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of the employee equity award activity

    

    

Weighted-Average

Number of RSUs

    

Grant-Date Fair Value

    

US$

Unvested as of December 31, 2020

 

 

Granted

 

40,842,760

 

44,585,350

Vested

 

(31,943,824)

 

(35,084,762)

Forfeited or cancelled

 

(6,368,184)

 

(6,749,550)

Unvested as of December 31, 2021

 

2,530,752

 

2,751,038