Vipshop Holdings Ltd

Company Profile

• Business description

  Vipshop is a Leading Chinese online discount retailer offering branded products at attractive discounts ranging from 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurements, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop’s platform are sourced mostly through a consignment model with over 29,000 global partners as of Dec. 31, 2023. As of March 31, 2024, Eric Ya Shen, chairman and CEO, has 63.1% voting rights and a 30.9% stake while Arthur Xiaobo Hong, vice chairman and COO, has a 17.6% stake. Leading Chinese social media firm and strategic shareholder Tencent also holds an 11.8% interest.

• Contact

  128 Dingxin Road
  Haizhu District
  Guangdong
  Guangzhou510220
  CHN

  T: +86 2022330025

  E: [email protected]

  https://www.vip.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Internet Retail

  Fiscal Year End

  31 December 2024

  Employees

  14,638