v3.26.3
Intangible assets, net
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible assets, net

10. Intangible assets, net

 

Intangible assets consisted of the following:

 

   December 31, 2025   June 30, 2026 
     As of     As of 
   December 31,   June 30, 
   2025   2026 
   (RMB in thousands) 
Amortized intangible assets with finite lives:          
Cost: Trademarks   3,378    3,272 
PoS technology platform   9,137    9,137 
Customer relationships   473    459 
Website   88    86 
Total cost   13,076    12,954 
Less: accumulated amortization   (1,101)   (2,220)
Intangible assets, net   11,975    10,734 

 

Amortization expense for the six months ended June 30, 2025 and 2026 was RMB247,000 and RMB1,150,000, respectively. No impairment expense related to intangible assets was recognized for either period. The differences between the carrying amounts of certain intangible assets as of December 31, 2025 and June 30, 2026 were primarily attributable to foreign currency translation.