
		December 31,
		2024		2025
		US$		US$

Gross carrying amount
Trademark		515,646		515,687
Customer relationships		154,808		154,824
Non-compete agreement		12,100		12,100
Technology		14,475		14,501
Software		9,341		9,229
Licenses		8,836		9,036
Operating rights		6,434		6,580
Domain names		1,801		1,817
Others		1,504		1,505

Total of gross carrying amount		724,945		725,279

Less: accumulated amortization

Trademark		(249,890)		(302,069)
Customer relationships		(154,529)		(154,540)
Non-compete agreement		(12,100)		(12,100)
Technology		(8,771)		(10,782)
Software		(8,585)		(8,686)
Licenses		(2,992)		(3,664)
Operating rights		(6,336)		(6,480)
Domain names		(1,028)		(1,342)
Others		(681)		(832)

Total accumulated amortization		(444,912)		(500,495)

Less: accumulated impairment		(2,776)		(2,821)

Intangible assets, net		277,257		221,963

Amortization expense for the years ended December 31, 2023, 2024 and 2025 were US$64,910, US$57,120 and US$55,558 respectively.

The estimated amortization expenses for each of the following five years are as follows:

The weighted average amortization periods of intangible assets as of December 31, 2024 and 2025 are as below: