Property and equipment, net

12 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property and equipment, net

15.Property and equipment, net

	As of March 31,
	2022			2023
	RMB			RMB
	(in millions)
Building, property improvements and other property		106,794			123,276
Computer equipment and software		94,539			100,563
Construction in progress		43,675			45,129
Furniture, office and transportation equipment and others		20,554			21,631
		265,562			290,599
Less: accumulated depreciation and impairment		(93,756	)		(114,568	)
Net book value		171,806			176,031

Depreciation expenses recognized for the years ended March 31, 2021, 2022 and 2023 were RMB25,550 million, RMB25,470million and RMB24,654 million, respectively.