Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group's 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. Good day, everyone, and welcome to Alibaba Group's conference call. With us today are Daniel Zhang, Chairman and CEO, Toby Xu, Chief Financial Officer. This call i ...