v3.26.1
Segment information (Details)
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2025
USD ($)
Depreciation          
Depreciation of property and equipment ¥ 1,526,471 $ 218,282 ¥ 1,418,492 ¥ 1,299,384  
Interest income 801,587 114,625 809,792 780,292  
Interest expenses (90,037) (12,875) (57,676) (22,932)  
Equity income of subsidiaries and VIEs 293,919 $ 42,030 166,980 80,301  
Total assets 78,843,318   74,936,126   $ 11,274,444
Investments in equity method investees 3,136,784   2,002,043   $ 448,554
Total expenditure for additions of long-lived assets 2,066,538   3,562,586 5,230,737  
Inter-segment          
Depreciation          
Interest income (1,435)   (1,035) (1,532)  
Interest expenses 1,435   1,035 1,532  
Vip.com          
Depreciation          
Depreciation of property and equipment 928,680   924,097 851,630  
Total assets 53,572,887   51,103,217    
Investments in equity method investees 2,174,846   1,106,779    
Total expenditure for additions of long-lived assets 590,415   870,593 2,330,278  
Vip.com | Operating Segment          
Depreciation          
Interest income 643,679   610,161 654,485  
Interest expenses (86,718)   (57,627) (22,821)  
Equity income of subsidiaries and VIEs (1,933)   1,647 52,212  
Shan Shan Outlets          
Depreciation          
Depreciation of property and equipment 585,577   476,943 417,226  
Total assets 21,650,040   19,971,408    
Investments in equity method investees 800,520   760,596    
Total expenditure for additions of long-lived assets 1,469,068   2,687,663 2,895,954  
Shan Shan Outlets | Operating Segment          
Depreciation          
Interest income 53,646   41,932 42,807  
Interest expenses (3,319)   (53) (111)  
Equity income of subsidiaries and VIEs 141,924   121,071 112,868  
Others          
Depreciation          
Depreciation of property and equipment 12,214   17,452 30,528  
Total assets 3,620,391   3,861,501    
Investments in equity method investees 161,418   134,668    
Total expenditure for additions of long-lived assets 7,055   4,330 4,505  
Others | Operating Segment          
Depreciation          
Interest income 105,697   158,734 84,532  
Interest expenses (1,435)   (1,031) (1,532)  
Equity income of subsidiaries and VIEs ¥ 153,928   ¥ 44,262 ¥ (84,779)