28. Related party transactions The table below sets forth the major related parties and their relationships with the Group: Major related parties | | Relationship with the Group | Guangzhou Sunhongs Corp., Ltd. (“Guangzhou Sunhongs”) | | Significant influence exercised by a principal shareholder of the Company | Shopline* | | Investment with significant influence | Xiaomi Corporation (“Xiaomi Group”) | | Controlled by a principal shareholder of the Company |
| * | Since September 6, 2022, Shopline became a subsidiary of the Group and ceased to be a related party of the Group. |
During the years ended December 31, 2022, 2023 and 2024, significant related party transactions are as follows: | | | | | | | | | For the year ended December 31, | | | 2022 | | 2023 | | 2024 | | | US$ | | US$ | | US$ | | | | | | | | Bandwidth service provided by Guangzhou Sunhongs | | 1,513 | | 1,382 | | 1,614 | Promotion expense charged from related parties | | 5,322 | | 8,008 | | 7,553 | Loan to related parties | | 28,062 | | — | | — | Payments on behalf of related parties, net of repayments | | 36,522 | | (1) | | (9) | Others | | 2,862 | | 1,309 | | 1,092 |
As of December 31, 2023 and 2024, the amounts due from/to related parties are as follows: | | | | | | | December 31, | | | 2023 | | 2024 | | | US$ | | US$ | | | | | | Amounts due from related parties, current | | 810 | | 467 | | | | | | Amounts due to related parties, current | | | | | Due to Xiaomi Group | | 2,377 | | 1,193 | Others | | 156 | | 185 | | | | | | Total | | 2,533 | | 1,378 |
| * | Other receivables and payables from/to related parties are unsecured and payable on demand. |
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