JD(JD) - 2025 Q4 - Earnings Call Transcript

JD.com (NasdaqGS:JD) Q4 2025 Earnings call March 05, 2026 07:00 AM ET Speaker3Hello, and thank you for standing by for JD.com's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question-and-answer session. 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, Sean Zha ...