Vipshop Holdings Limited (VIPS) Q1 2020 Earnings Call Transcript

Vipshop Holdings Limited (VIPS) Q1 2020 Earnings Call Transcript

At this point, I would like to turn the call over to Ms. Jessie Fan, Vipshop's Director of Investor Relations. Hello, everyone, and thank you for joining Vipshop's first quarter 2020 earnings conference call. During this conference call, we will make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on our current expectations, assumptions, estimates and projections about Vipshop Holdings Limited and its industry.