Vipshop Holdings Limited
HomeAll Profiles
July 1, 2020
Updated on:

Vipshop Holdings Limited

RMB 92,994.4 million (2019)
RMB 4,016.8 million (2019)
20,442 (2019)
GICS Industry Group:
Guangzhou, China
22 August 2008
Current CEO:
Eric Ya Shen (22 Aug 2008–)
This is the ultimate parent


Vipshop Holdings Limited (Vipshop) is an online discount retailer for brands in China. The company offers branded products to consumers in China through flash sales mainly on its website. Through its flash sales model, Vipshop Holdings sells limited quantities of discounted branded products for limited periods of time.

As of 31 December 2019, Vipshop had approximately 378 million registered members and approximately 171 million cumulative customers, and promoted and sold products for over 31,000 popular domestic and international brands. Product categories include apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products. Until September 2019, Vipshop Holdings offered a range of products and services for consumers through, which specialised in branded cosmetics, apparel, healthcare products, food and other consumer products. However, was shutdown in September 2019.

The company opened offline retail stores under its own Vipshop brand in 2019 to expand clear inventories more effectively. As of 31 December 2019, the company had approximately 200 Vipmaxx offline stores and approximately 300 Vipshop offline stores.

Vipshop is listed on the New York Stock Exchange (NYSE) under the code VIPS.

In Chinese Renminbi (RMB)
In Chinese Renminbi (RMB)
In Chinese Renminbi (RMB)
No items found.

Operating Segments: (Vipshop Online Platform) - The company offers a selection of products and services for shoppers of varying age groups and income levels throughout China. The company's Vipshop Online Platform is represented by the Vipshop App and the website. As of the start of 2019, the Vipshop App surpassed the website and became the company's top portal of the Vipshop Online Platform in terms of the numbers of registered members, daily unique visitors and monthly unique visitors. The Vipshop App was launched in 2011 for mobile operating systems including iOS and Android to increase Vipshop Holding's customer stickiness and to further enhance customer engagement through mobile devices. For the year ending 31 December 2019, the Vipshop Online Platform accounted for 98.32% (RMB 91,435.3 million) of total revenue.

Others - For the year ending 31 December 2019, the others segment accounted for 2.84% (RMB 2,638.7 million) of total revenue.

Shan Shan Outlets - In July 2019, Vipshop acquired Shan Shan Outlets, a player in the outlets industry in China, to gain presence in the offline outlet business in China. For the year ending 31 December 2019, Shan Shan Outlets accounted for 0.26% (RMB 245.8 million) of total revenue.

Note: For the year end 31 December 2019, inter-segment revenues accounted for -1.43% of total net revenue.

Mergers and Acquisitions:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Signup to a free account to access M&A data!

Signup for FREE to access all mergers and acquisitions data!
BigDiscover is the only platform to offer M&A data completely for free!

Click Here to Signup for FREE
Copyright © 2020 BigDiscover. All rights reserved.