And rather than seeing an overall post-COVID recovery and a return of electronic spending during and post the Lunar New Year, we along with our customers saw consumers instead catching up on spending on other items like services, travel, and leisure.

Apr 27, 2023 / CFO / receipt, needs a key / Joseph Tang, CFO | earnings call 2023-04-27 | transcript 403b0a79-fb14-432a-b737-54754fb4952e | chars 12558-12808 | segment 13