LOANS RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2023

LOANS RECEIVABLE

Summary of loans receivable


		As of December 31,
		2022		2023
		US$		US$
Total personal loans		57,925		43,346
Allowance for credit losses		(11,263)		(10,973)
Loans receivable, net		46,662		32,373

Schedule of activities in the provision/reversal for credit losses

The activities in the provision/reversal for credit losses for the years ended December 31, 2021, 2022 and 2023, respectively, consisted of the following:


		Year Ended December 31,
		2021		2022		2023
		US$		US$		US$
Beginning balance		11,259		11,180		11,263
Provision (reversal)		(343)		1,029		(103)
Foreign currency translation adjustments		264		(946)		(187)
Ending balance		11,180		11,263		10,973

Schedule of loans receivable portfolio based on credit quality indicator


		As of December 31,
		2022		2023
		US$		US$
Current		42,757		28,474
1 - 90 days past due		3,719		4,148
91 - 180 days past due		366		212
181 - 360 days past due		3,892		785
361 - 720 days past due		1,913		1,397
Over 720 days past due		5,278		8,330
		57,925		43,346