Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group's March quarter 2021 and full fiscal-year 2021 results conference call. [Operator instructions] After management's prepared remarks, there will be a question-and-answer session. Now, I'd like to turn the call over to Rob Lin, head of investor relations of Alibaba Group. Please go ahead. Rob Lin -- Head of Investor Relations Good day and good evening, everyone, and welcome to Alibaba Group's March quarter 2021 and full fiscal-year 2021 results conference call. With us today are Daniel Zhang, our chairman and CEO; Joe Tsai, executive vice chairman; Maggie Wu, chief financial officer. This call is also being webcast from the IR section of our corporate website. A replay of the call will be available on our website later today.