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Accrued Expenses and Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2021
Accrued Expenses And Other Liabilities Current [Abstract]  
Summary of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following:

 

 

 

As of December 31,

 

 

 

2020

 

 

2021

 

 

 

RMB

 

 

RMB

 

Deposits from business partner

 

 

47,399

 

 

 

79,787

 

Other tax payable

 

 

45,507

 

 

 

38,209

 

Fulfillment payable

 

 

23,688

 

 

 

49,190

 

Operating lease liabilities - current

 

 

 

 

35,948

 

Others (1)

 

 

246,134

 

 

 

93,493

 

Total

 

 

362,728

 

 

 

296,627

 

 

 

(1)

The balance as of December 31, 2020 included RMB150,000 prepaid subscription received by the Group in September and November 2020 from certain investors subscribing for Series E convertible redeemable preferred shares. The payment was in the legal form of a loan agreement but did not have a maturity date or bear interest. The issuance of the preferred shares is contingent upon the investors obtaining the approval of Overseas Direct Investment (the “ODI”), otherwise the amount will be refunded to the investors. Upon the approval of the ODI, the amount was converted to Series E convertible redeemable preferred shares and subsequently converted to Class A ordinary shares immediately after IPO completion.