Baozun Inc. (NASDAQ:BZUN) Q3 2025 Earnings Call Transcript November 25, 2025
Operator: Good morning, ladies and gentlemen, and thank you for standing by for Baozun’s Third Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today’s conference call is being recorded. I will now turn the meeting over to your host for today’s call, Ms. Wendy Sun, Senior Director of Corporate Development and Investor Relations of Baozun. Please proceed, Wendy.
Wendy Sun: Thank you,...



