v3.25.1
Business combination (Tables) - Shopline Group
12 Months Ended
Dec. 31, 2024
Business combination  
Summary of components of the purchase consideration transferred

    

As of acquisition date

 

US$

Cash

 

182,892

Fair value of previously held equity interest in Shopline

 

440,692

Elimination of preexisting amounts due from Shopline

 

76,226

Total consideration

 

699,810

Summary of fair value of the assets acquired and liabilities assumed allocated on the acquisition date

    

As of acquisition date

 

US$

Net tangible assets acquired:

-Cash and cash equivalents, restricted cash and cash equivalents and restricted short-term deposits

210,030

-Accounts receivables

12,840

-Right-of-use assets, net

12,192

-Prepayments and other current assets

27,286

-Property and equipment, net

2,474

Identifiable intangible assets acquired:

-Trademark

144,000

-Software

298

-Domain names

254

Accrued liabilities and other liabilities

(113,928)

Lease liabilities

(12,230)

Deferred revenue

(20,336)

Deferred tax liabilities

(28,800)

Goodwill

708,471

Non-controlling interests

(222,741)

Mezzanine Equity

(20,000)

Total

699,810

Summary of pro forma information

    

For the year ended December 31,

2022

 

US$

Pro forma net revenues

 

2,493,333

Pro forma net loss

 

(415,250)