NetEase science and technology news March 1st news, Jingdong Mall (Nasdaq:JD) today released the 2015 quarter of fiscal year ended fiscal year fourth and full year ended December 31, 2015. Fourth quarter, Jingdong net revenues of 54 billion 600 million yuan (about $8 billion 400 million), an increase of 57%. Net loss of 7 billion 600 million yuan (about $1 billion 200 million), mainly due to pat Network impairment, as well as the recognition of some of the investment in the quarter, while net loss of 500 million yuan a year earlier.
earnings release, Jingdong chairman and CEO Liu Qiangdong, CFO, as well as Jingdong mall CEO Shen Haoyu attended the analyst conference call on the earnings were interpreted, and answered the question of the analyst.
is the following analysis is the main question and answer session:
Bank of America Merrill Lynch analyst: Thank you! My question is about a few kinds of electricity supplier, with some business platform on mobile phone, home appliance sales decline, what are the prospects for this? In the overall sales downturn, how to maintain their own mobile phone platform, appliance sales stable
?Huang Xuande: actually,
camera, desktop computer, notebook computer the three categories of sales is increasing, mobile phone sales soared in the past two years, and now the whole market is some saturation, this year the growth is not so fast, stable point. More and more home appliance brands in the Jingdong, which is very good. Overall, then, the online growth will be better than the line.
Liu Qiangdong: in fact, Chinese Jingdong in the home appliances market share at present was close to 10%, that is to say there are more than 90% of the market is not in a Jingdong or online, so we quickly transfer is the main driving force of the core, or consumers from offline to online, if we Chinese to a second tier city, including the city north of Guangzhou, in fact, like computer city and home appliance chain stores are in one of these have been closed, shift from offline to online is very obvious, the next line of electronic products growth mainly from three to six line city consumption transfer, that is our a gap in the market.
Deutsche Bank analyst Alan Hellawell III: Thank you! 020 operations, can reveal some of the new changes this year, compared with last year, what are the new goals?
Huang Xuande: O2O, we’re going to put the O2O business in first-tier cities do a penetration, and penetration to other city, in this we did not say to how much investment, but we know its an advantage, we have such high Yonghui partners on the one hand, at the same time, we also have many the potential supply chain partners, especially in the fresh product category.
Liu Qiangdong: I think a lot of people interested in the European project, it may take us to compare with the United States Instacart, although the two business model is very close, but the essence of the difference is that Beijing