Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group's March Quarter and Full Fiscal Year 2026 Results Conference Call. [Operator Instructions] After management's prepared remarks, there will be a Q&A session.

I would now like to turn the call over to Lydia Lu, Head of Investor Relations of Alibaba. Please go ahead.

Lydia Lu
Head of Investor Relations

Good day, everyone. Thank you for joining Alibaba Group's March Quarter and Full Fiscal Year 2026 Earnings Call. On the call with me are Joe Tsai, Chairman; Eddie Wu, Chief Executive Officer; Toby Xu, Chief Financial Officer; Jiang Fan, Chief Executive Officer of Alibaba E-commerce Business Group. As a reminder, this call is being webcast live. A replay of the call will be available on our website later today.

On this call, we may make forward-looking statements and discuss certain non-GAAP financial measures. The forward-looking statements reflect management's current expectations that are subject to risks and uncertainties. Our GAAP results and reconciliations of GAAP to non-GAAP measures is included in today's earnings press release and investor presentation. Our comments will be on year-over-year comparisons unless we state otherwise.

And with that, let me turn the call over to Eddie.