Intangible Assets, Net (Tables)

12 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The following table summarizes the Group’s intangible assets, net:

	As of March 31, 2023
	Gross carrying amount		Accumulated amortization			Accumulated impairment amount			Net carrying amount
	RMB		RMB			RMB			RMB
Domain name		12,247		(3,566	)		(8,667	)		14
Trademarks		1,481		(641	)		—			840
Insurance agency license		2,848		(748	)		(2,100	)		—
Broadcasting license		86,667		(47,977	)		(38,690	)		—
Buyer and customer relationship		502,270		(475,937	)		(17,033	)		9,300
Brand(1)		184,470		(172,110	)		(12,360	)		—
Strategic business resources(2)		1,456,331		(1,456,331	)		—			—
Technology		32,840		(24,226	)		(6,214	)		2,400
Total		2,279,154		(2,181,536	)		(85,064	)		12,554

	As of March 31, 2024
	Gross carrying amount		Accumulated amortization			Accumulated impairment amount			Net carrying amount
	RMB		RMB			RMB			RMB
Domain name		12,789		(3,635	)		(8,921	)		233
Trademarks		1,481		(765	)		—			716
Insurance agency license		2,848		(748	)		(2,100	)		—
Broadcasting license		86,667		(47,977	)		(38,690	)		—
Buyer and customer relationship		39,500		(14,562	)		(24,938	)		—
Technology		9,900		(3,660	)		(6,240	)		—
Total		153,185		(71,347	)		(80,889	)		949

(1)Brand was acquired through the Group’s acquisitions with Aimei and Meiliworks (Note 1(a)).

(2)Strategic business resources were acquired through a business cooperation agreement the Company entered into with Tencent in July 2018. Pursuant to the agreement, Tencent offered the Company traffic support through Tencent’s online platform and provided the Company certain intellectual property resources to promote and advertise the Company’s products and brands.

Schedule of Amortization Expense

As of March 31, 2024, amortization expense related to the intangible assets for future periods are estimated to be as follows:

For the years ended March 31,	RMB
2025		238
2026		176
2027		156
2028		127
2029		102
Thereafter		150
		949