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Share-based Compensation (Tables) - 2019 Incentive Plan
12 Months Ended
Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of fair value assumptions on options

For the year ended December 31,

 

    

2020

    

2021

    

2022

Expected volatility

 

50.22

%

49.29%-50.47

%

51.97

%

Expected dividend yield

 

Contractual term (in year)

 

10

10

10

Risk-free interest rate

 

1.66

%

1.38%-1.45

%

3.57

%

Summary of stock option activity under the 2019 Incentive Plan

Weighted 

Weighted average

average exercise 

Aggregate intrinsic

remaining

    

Number of

    

price US$ per 

    

value

    

contractual

shares

share

US$

years

Outstanding at December 31, 2019

126,402,925

 

0.0001

 

37,352,064

 

9.68

Granted during the year

5,125,000

 

0.0001

 

 

Exercised during the year

(36,613,500)

 

0.0001

 

Forfeited / Cancelled during the year

(6,674,341)

 

0.0001

 

Outstanding at December 31, 2020

 

88,240,084

0.0001

9,847,593

8.77

Granted during the year

32,765,413

0.0001

Exercised during the year

 

(18,031,675)

 

0.0001

 

Forfeited / Cancelled during the year

 

(8,143,392)

 

0.0001

 

Outstanding at December 31, 2021

94,830,430

0.0001

4,324,268

8.44

Granted during the year

 

3,167,881

 

0.0001

 

 

Exercised during the year

(2,107,600)

0.0001

Forfeited during the year

(1,861,733)

0.0001

Outstanding at December 31, 2022

94,028,978

0.0001

3,881,516

7.53

Exercisable at December 31, 2022

64,686,080