Q1 2020 Vipshop Holdings Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Good day, everyone, and welcome to Vipshop Holdings Limited First Quarter 2020 Earnings Conference Call.
At this point, I would like to turn the call over to Ms. Jessie Fan, Vipshop's Director of Investor Relations. Please go ahead, ma'am.
Thank you. Thank you, operator. Hello, everyone, and thank you for joining Vipshop's First Quarter 2020 Earnings Conference Call. Before we begin, I will read the safe harbor statement.
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. All statements other than statements of historical facts we'll make during this call are forward-looking statements.
In some cases, these forward-looking statements can be identified by words or phrases such as anticipate, believe, continue,
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