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v3.25.2

Restricted cash and escrow receivables | 12 Months Ended
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Mar. 31, 2025
Restricted Cash and Investments [Abstract] |
Restricted cash and escrow receivables | 10. Restricted cash and escrow receivables
|  | As of March 31, |
|  | 2024 |  |  | 2025 |
|  | RMB |  |  | RMB |
|  | (in millions) |
Buyer protection fund deposits from merchants on the marketplaces (i) |  |  | 30,924 |  |  |  | 35,962 |
Others |  |  | 7,375 |  |  |  | 7,819 |
|  |  | 38,299 |  |  |  | 43,781 |
(i) The amount represents buyer protection fund deposits received from merchants on the Company’s marketplaces, which are restricted for the purpose of compensating buyers for claims against merchants. A corresponding liability is recorded in other deposits and advances received under accrued expenses, accounts payable and other liabilities (Note 19) on the consolidated balance sheets.

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- Definition The entire disclosure for restricted cash and escrow receivables. + References No definition available. + Details
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