Vipshop reported net revenues up by 63% to 8.67 billion yuan (US$1.36 billion) for the third quarter of 2015 from 5.33 billion yuan in the prior year period although the revenues didn’t meet the expectation of between 9.1 billion yuan and 9.3 billion yuan. The increase was primarily driven by the growth in the numbers of total active customers, repeat customers, total orders, … [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’s top 4 B2C websites, JD, Jumei, Dangdang and Vipshop announced financial reports in Q2 2015, JD further inproved its business scale while suffering from greater losses. Jingdong lost over 1.8 billion yuan in the past year. … [Read more...]
In Q1 2015, China online shopping transaction value exceeded RMB757.41 billion (USD$123.51 million) with an increase of 45.2% from the same period of last year. According to the data of National Bureau of Statistics in Q1 2015, online shopping transaction value accounted for 10.7% of total retail consumer goods. … [Read more...]
Vipshop's total net revenue increased by 108.9% YoY to US$1.36 billion in Q4 2014, primarily attributable to a 114.2% YoY increase in the number of active customers to 12.2 million and a 99.6% YoY increase in total orders to 35.3 million. … [Read more...]
Vipshop continued to have strong adoption in mobile shopping with approximately 57% of their gross merchandise volume coming from mobile devices in Q3 2014. Its net revenues and total number of active customers both more than doubled. … [Read more...]
By the end of Q3 2014, Dangdang's traffic on mobile device had already surpassed traffic via desktop computers, accounting for over 60% of total traffic with an increase of 25% QoQ. At the same time, orders on mobile device accounted for over 40% of Dangdang's total orders. It is estimated that by the end of 2014, orders on mobile device will account for 50%. … [Read more...]
Taobao's mobile app MAUs exceeded 131.982 million in August 2014 in China according to EnfoDesk, remaining the most popular online shopping mobile app by total MAUs, followed by Tmall and Jingdong. … [Read more...]
Recently, homepages of Tmall, Jingdong, Dangdang and Vip.com are almost those ones related to "Fashion" in China. These four popular online retail websites in China are now all promoting heavily the clothing and apparel category and associating their brand with “fashion”. … [Read more...]
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...]
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...]