Goodwill |
6 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2025 |
Mar. 31, 2025 |
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| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | 8. Goodwill
The changes in the carrying amount of goodwill was as follows:
On November 1, 2024, the Company acquired 100% interests of Hangzhou Dazhika Technology Co., Ltd. (“Dazhika”) from third parties. Dazhika was engaged in providing information technology solutions services to connect consumers and merchants through its e-commercial platform in China. The total consideration was RMB910,000 (US$127,827). The fair value of identifiable net assets acquired was RMB201,058 (US$28,242), resulting in the recognition of RMB708,942 (US$99,584) of goodwill. There was no goodwill impairment loss recognized for the six months ended September 30, 2025 and 2024.
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9. Goodwill
The changes in the carrying amount of goodwill was as follows:
On November 1, 2024, the Company acquired 100% interests of Hangzhou Dazhika Technology Co., Ltd. (“Dazhika”) from third parties. Dazhika was engaged in providing information technology solutions services to connect consumers and merchants through its e-commercial platform in China. The total consideration was RMB910,000 (US$127,827). The fair value of identifiable net assets acquired was RMB201,058 (US$28,242), resulting in the recognition of RMB708,942 (US$99,584) of goodwill. There was no goodwill impairment loss recognized for the year ended March 31, 2025.
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