v3.26.1
Principal accounting policies (Tables)
12 Months Ended
Dec. 31, 2025
Principal accounting policies  
Schedule of Property and equipment Estimated useful lives and Residual rate

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Estimated useful lives

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Residual rate

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Servers, computers and equipment

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3-4 years

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—

%

Leasehold improvements

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Shorter of lease term or the estimated useful lives of the assets

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—

%

Office furniture and others

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3-5 years

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—%-5

%

Schedule of amortization of finite-lived intangible assets is computed using the straight-line method over their estimated useful lives

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Estimated useful lives

Copyrights of video content

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1 – 4 years

License

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15 years

Software

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1 – 10 years

Domain names

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15 years

Trademarks

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5-11 years

Platform content

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7 years

Technology

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4 years

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Schedule of disaggregation of revenue

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For the years ended December 31, 

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2023

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2024

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2025

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RMB

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RMB

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RMB

Live streaming

 

6,450,782

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4,745,195

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4,594,014

Game-related services, advertising and others (i)

 

543,546

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1,333,920

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1,908,386

Total

 

6,994,328

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6,079,115

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6,502,400

(i)

Game-related services, advertising and others mainly include in-game virtual item sales, game distribution and advertising services.

Summary of revenue related to performance obligation

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2026

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2027 and after

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Total

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RMB

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RMB

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RMB

Revenue expected to be recognized

 

228,167

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31,824

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259,991