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Restricted cash and escrow receivables (Tables)
12 Months Ended
Mar. 31, 2022
Restricted cash and escrow receivables  
Schedule of restricted cash and escrow receivables

As of March 31,

    

2021

    

2022

(in millions of RMB)

Consumer protection fund deposits from merchants on the marketplaces (i)

33,426

35,268

Others

 

1,781

 

2,187

 

35,207

 

37,455

(i)The amount represents consumer protection fund deposits received from merchants on the Company’s marketplaces, which are restricted for the purpose of compensating consumers 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.