Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following:


	As of December 31,
	2021			2022			2022
	RMB			RMB			US$
	(in thousands)
Electronic office equipment		58,463			68,027			9,863
Leasehold improvements		555,941			506,501			73,436
Furniture, fixtures and equipment		177,621			159,042			23,059
Total		792,025			733,570			106,358
Less: Accumulated depreciation		(328,367	)		(446,678	)		(64,762	)
Construction in progress		8,713			28,088			4,072
Total.		472,371			314,980			45,668

Depreciation expense was RMB115.4 million, RMB213.1 million and RMB204.2 million (US$29.6 million) for the years ended December 31, 2020, 2021 and 2022, respectively, and were included in the following financial statement line items in the consolidated statements of comprehensive loss:


	For the year ended December 31,
	2020		2021		2022		2022
	RMB		RMB		RMB		US$
	(in thousands)
Cost of goods sold		—		—		13,026		1,888
Fulfillment expenses		107,333		195,022		168,374		24,412
Sales and marketing expenses		2,018		2,666		1,907		277
General and administrative expenses		4,731		7,395		6,804		986
Product development expenses		1,272		7,999		14,096		2,044
Total.		115,354		213,082		204,207		29,607

The disposal gain or loss on property and equipment recognized as a result of closing down certain regional processing centers and frontline fulfillment stations was not significant for the periods presented.