Vipshop, China's leading online discount retailer for brands, total net revenues increased by YoY 136.1% to US$829.4 million, primarily attributable to a 167.9% increase in the number of active customers to 9.3 million from 3.5 million and a 138.4% increase in total orders to 26.3 million from 11.0 million in the prior year period, according to its announced unaudited second … [Read more...]
Vipshop (vip.com) News & Statistics
Vipshop (VIP.com), a NYSE-listed company, is China's leading online discount retailer for brands considered as the largest flash sale website.
Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners.
Vipshop is China's first profitable B2C online retailer. Its primary business strategy is to partner with popular and well-known brands by selling their excess inventory at discount prices. Vipshop has established a dominant leadership position in China’s online discount retail market.
Vipshop ranked the 421th in Fortune China 500 list in 2014, the fourth among China internet companies after Jingdong, Tencent, and Baidu.
China mobile shopping market total transactions reached RMB168.39 billion (US$27.3 billion) in the second quarter of 2014, representing 26.8% of total online shopping transactions in the same period in China, an increase of 24.6% compared with the first quarter. … [Read more...]
Fortune China released a list of Best 500 Chinese companies based on total revenue in 2013, among which JD (Jingdong) showed up on top of all Chinese internet companies with a total revenue of 69.34 billion yuan (USD 11.12 billion) in 2013, ranking 79th on Fortune China's Best 500 2014 list. Sinopec, Petrochina and China State Construction Engineering remain the top three on … [Read more...]
Jumei, a Chinese online cosmetics retailer, filed for IPO in the U.S. on April 12, 2014. Jumei planned to finance for USD 400 million under the ticker "JMEI" in NYSE or Nasdaq, its issuing price has not been revealed. … [Read more...]
Enfodesk published its 2013 Q3 China B2C Market Report recently, China B2C market reached 162.4 billion yuan (USD 26.52 billion) with 50% YoY increase. … [Read more...]
This is the part 2 of a series of posts that gives you insights on Chinese netizens behaviors from Sina Weibo. Part 1, Part 3, Part 4. More and more B2C websites had registered Sina Weibo Enterprise accounts, they already started marketing warfare on Sina Weibo. By analyzing three keywords mentioned on Sina Weibo which were promotion, discount and group buy, we found that … [Read more...]
According to Enfodesk, Taobao mobile shopping app monthly active accounts reached 119.09 million in October 2013, with average 9.3 monthly using times. Jingdong ranked the second with 26.59 million active accounts and 4.3 monthly using times. Tmall was a little behind Jingdong, with 24.49 million active accounts and 3.6 monthly using times. Vipshop came to the fourth with … [Read more...]
According to Andy Yeung, an analyst in Oppenheimer, whose report on November 11 2013 showed that China B2C YoY increase rate was 50% in Q3, much lower than 82% growth rate in Q2 and 96% in Q1 2013. … [Read more...]
CNIT just released its research on China B2C brand influence in July 2013. Jingdong ranked the first in China B2C brand influence scored 95.72, followed by Tmall and Amazon China. Compared to June 2013, the ranking of Jingdong, Vipshop, Yihaodian, Lefeng and Vancl all went up. Vipshop jumped from the 10th to 4th. … [Read more...]
Vipshop.com, which is not well known in China's e-commerce field, got the public's attention because its stock price shockingly soared 10 times more than last year. What's the secret? Vipshop achievement was very amazing, up to now, it had generated profits three quarters in a row. Other B2C players like JD.com and Dangdang are still struggling to break even and make a … [Read more...]