JD.com, Inc. (NASDAQ:JD) Q4 2022 Earnings Call Transcript

So, I believe at different times in economic and consumption cycles, different companies of different models will review their different billings. For JD’s business model besides, our business will take a long-term view and then heavier in terms of our investment in logistics and user experience. And while we face external competition, we are confident that we have been growing and being better with internal funding and other operating efficiency continue to grow, the market competition will always be there. The more important question is, what is your long-term goal, and how you can do this business smartly in the short term.

Thomas Chong: Okay. Thank you.

Operator: We are now approaching the end of the conference call. I will now turn the call over to JD.com’s Sean Zhang, for closing remarks.

Sean Zhang: Sure. Thank you for joining us on the call today and for your questions. If you have further questions, please contact me and our team. We appreciate your interest in JD.com and really looking forward to talking to you again, next quarter. Thank you very much.

Operator: Thank you for your participation in today’s conference. This concludes the presentation. You may now disconnect. Good day.