Significant mergers and acquisitions, investments and dispositions (Tables)

12 Months Ended

Mar. 31, 2025

Significant mergers and acquisitions and investments

Schedule of the allocation of the purchase price as of the date of acquisition

Acquisitions that constitute business combinations are summarized in the following table:

	Year ended March 31,
	2023			2024			2025
	RMB			RMB			RMB
	(in millions)
Net assets (liabilities)		1			28			(461	)
Identifiable intangible assets		285			602			1,544
Deferred tax assets		—			—			1
Deferred tax liabilities		(68	)		(199	)		(382	)
		218			431			702
Noncontrolling interests and mezzanine equity		(38	)		(98	)		(587	)
Net identifiable assets		180			333			115
Goodwill		583			1,782			4,899
Total purchase consideration		763			2,115			5,014
Fair value of previously held equity interests		—			—			(1,555	)
Purchase consideration settled		(481	)		(2,038	)		(1,564	)
Deferred consideration as of year end		282			77			1,895
Total purchase consideration is comprised of:
- cash consideration		763			2,115			2,549
- fair value of previously held equity interests		—			—			1,555
- others		—			—			910
		763			2,115			5,014