Jessie Zheng
Head of Investor Relations at Vipshop
So we are definitely going, uh, to, uh, uh, make, uh, uh, every effort to bring customer back to growth, uh, track in twenty twenty-six. Um, on the second question regarding category preferences, um, uh, consumers, um, uh, are still, uh, generally speaking, still, uh, cautious and, uh, and selective and value conscious, uh, but they continue to shop, uh, across different categories, uh, including discretionary categories. Uh, they just need strong reasons to do so. Uh, so that's, uh, why we focus so much on, uh, providing the best value across the shopping cart, cart, uh, including, uh, apparel and non-apparel categories. Um, and we are making changes, uh, in both categories, especially in standard categories, to drive repeat business.... uh, for our most valuable, uh, customers, including SVIP and high-value customers, uh, to increase their, uh, cross-category purchases, uh, uh, for, for family shopping. Uh, lastly, on AI.
