v3.26.1
DEFERRED REVENUE
12 Months Ended
Dec. 31, 2025
Revenue Recognition and Deferred Revenue [Abstract]  
DEFERRED REVENUE

13. DEFERRED REVENUE

 

         
   As of December 31, 
   2024   2025 
   RMB   RMB 
         
Deferred merchandise revenue   7,256    8,850 
Deferred marketplace revenue   1,175    2,184 
Deferred other revenue   165    81 
Total deferred revenue   8,596    11,115 

 

The revenue recognized in the years ended December 31, 2023, 2024 and 2025 that was included in deferred revenue as of the beginning of each respective period were RMB 21,748, RMB 9,412 and RMB 8,596, respectively.