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Vipshop (Chinese: 唯品会; pinyin: Wei Pin Hui) is a Chinese company that operates the e-commerce website VIP.com (formerly Vipshop.com) specializing in online discount sales. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange (NYSE) on March 23, 2012.
- December 2008
- Vipshop Holdings Ltd
- Eric Ya Shen, Arthur Xiaobo Hong
- E-commerce
Shop online for a variety of premium brands, including bags, women's and men's fashion, beauty cosmetics, electronics, Mum & Baby, and more.
Apr 18, 2024 · Vipshop is a leading online discount retailer for brands in China. The Company offers high quality and popular branded products to consumers throughout China at a significant discount from retail prices. As compared to conventional on-line marketplaces or large-scale multi-category online retailers, Vipshop has successfully created and proven...
- Tencent's divestment from JD.com. Vipshop's flash sale marketplace controlled just 1% of China's e-commerce market this year, according to eMarketer. Just a few years ago, Vipshop seemed doomed to be overtaken by Alibaba's (BABA 0.71%) Taobao, Pinduoduo (PDD 1.44%), and other discount marketplaces.
- Decelerating growth in customers and orders. The closer scrutiny of Tencent and JD's alliance comes at a bad time for Vipshop. Last quarter, its number of active customers and total orders declined sequentially and slowed to a crawl on a year-over-year basis
- Decelerating growth with contracting margins. Investors might assume that focusing on higher-value Super VIP members would boost Vipshop's average revenue per user and margins.
- Regulatory headwinds in China and the U.S. Vipshop wasn't hit by an antitrust probe and a record fine like Alibaba, but it still faces unpredictable regulatory headwinds in China.
Dec 27, 2021 · GUANGZHOU, China, Dec. 27, 2021 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS ), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today provided...
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Oct 25, 2021 · NYSE: VIPS. Vipshop. Market Cap. $8B. Today's Change. (2.43%) $0.39. Current Price. $16.45. Price as of May 3, 2024, 4:00 p.m. ET. Vipshop is a victim of the recent sell-off of Chinese...
Apr 23, 2024 · Vipshop Holdings Limited (VIPS) closed at $15.79 in the latest trading session, marking a +1.22% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.2%. At the same time,...
