Share-based compensation expense as a percentage of revenue decreased to 4% in the quarter ended June 30, 2021, as compared to 5% in the same quarter last year. Adjusted EBITA decreased 8% year-over-year to RMB41,731 million (US$6,463 million) in the quarter ended June 30, 2021, compared to RMB45,372 million in the same quarter of 2020. The year-over-year decreases were primarily due to our investments in strategic areas to capture incremental opportunities, such as Community Marketplaces, Taobao Deals, Local Consumer Services and Lazada, as well as our increased spending on growth initiatives within China retail marketplaces, such as Idle Fish and Taobao Live, and our support to merchants.