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Apr
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Underlying EBITA for trading before major strategic investments increased 6% year-on-year to RMB59,515 million (US$9,218 million).As of the quarter ended March 31, 2021, to present our trading adjusted EBITA before major strategic investments, we have the list of key strategic investment areas, which we disaggregate to show the progress of those areas. Comparative figures are presented accordingly in the same manner. Commerce Adjusted EBITA before key strategic investments was previously referred to as Marketplace-Based Core Commerce Adjusted EBITA. A reconciliation of adjusted Trading EBITA to Trading Adjusted EBITA before major strategic investments is included at the end of this earnings release.
