Property and equipment, net

12 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and equipment, net

15.Property and equipment, net

	As of March 31,
	2023			2024
	RMB			RMB
	(in millions)
Building, property improvements and other property		123,276			135,132
Computer equipment and software		100,563			117,458
Construction in progress		45,129			42,677
Furniture, office and transportation equipment and others		21,631			20,367
		290,599			315,634
Less: accumulated depreciation and impairment		(114,568	)		(130,473	)
Net book value		176,031			185,161

Depreciation expenses recognized for the years ended March 31, 2022, 2023 and 2024 were RMB25,470 million, RMB24,654 million and RMB23,344 million, respectively.