Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group's March quarter 2024 and full fiscal year 2024 results conference call. At this time, all participants are on listen-only mode. After management's prepared remarks, there will be a Q&A session. I would now like to turn the call over to Rob Lin, head of investor relations of Alibaba Group. Please go ahead. Thank you. And good day, everyone. Welcome to Alibaba Group's March quarter and full fiscal year 2024 results conference ...