JD.com Inc (NAS:JD)
$ 32.2 -0.17 (-0.53%) Market Cap: 49.27 Bil Enterprise Value: 41.26 Bil PE Ratio: 15.08 PB Ratio: 1.56 GF Score: 83/100
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Q4 2020 JD.Com Inc Earnings Call Transcript

Mar 11, 2021 / 12:00PM GMT
Release Date Price: $90.01 (+0.76%)
Operator

Hello, and thank you for standing by for JD.com's Fourth Quarter and Full Year 2020 Earnings Conference Call. (Operator Instructions) Today's conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to turn the meeting over to your host for today's conference, Ruiyu Li. Thank you. Please go ahead.

Ruiyu Li
JD.com, Inc. - Senior Director of IR

Thank you, operator. And welcome to our Fourth Quarter and Full Year 2020 Earnings Conference Call. Joining me on the call today are Mr. Lei Xu, CEO of JD Retail; and Sandy Xu, our CFO. For today's agenda, Mr. Xu will share his thoughts on the recent business trends, followed by our CFO, Sandy, who will discuss highlights for the fourth quarter and full year 2020. Both of them will join the Q&A session.

Before we continue, I refer you to our safe harbor statements in the earnings press release, which applies to this call as we may make forward-looking statements. Also, this call includes discussions of certain non-GAAP financial measures. Please

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