1 thought on “Introduction to Vipshop Company Introduction”

  1. 1. Vipshop Information Technology Co., Ltd. (VIPS) was established in August 2008. It is headquartered in Guangzhou, Guangdong Province, China. Its website was launched on December 8 of the same year.

    2. The main business of Vipshop is the Internet to sell discounts online for the Internet, covering major categories such as famous clothing, clothing and bags, beauty, maternal and infants, home home.

    3. On March 23, 2012, Vipshop was listed on the New York Stock Exchange (NYSE). As of December 31, 2020, Vipshop has achieved profitability for 33 consecutive quarters.

    . In 2020, Vipshop realizes net revenue of 101.9 billion yuan, an increase of 9.5%year -on -year. Vipshop's Q4 net revenue of 2020 was 35.8 billion yuan, and the number of active users was 53 million, a year -on -year increase of 37%.

    5. Vipshop has created an innovative e -commerce model of "brand name discount time -limited purchase genuine guarantee" in China, and continued to deepen into "selected brand deep discount time -limited buying" genuine products " Special sales model.

    6. This mode is imagery as "online Outlets". In July 2019, Vipshop will be acquired by the acquisition of Shan Shan Ole, and the online sale and offline special sales have begun to integrate in -depth integration to create a omni -channel sale system. Among the Fortune Fortune 50 list released in 2018, Vipshop ranks fifth; among them, in 21 Chinese companies on the list, Vipshop ranks third.

    7. Vipshop will be on the list "The Top 100 Chinese Brands in 2019" released by Brandz. It enters the top 100 in a row and obtained Brandz in 2017? The most valuable Chinese brand 100 The title of "Best New Chinese Brand". Deloitte's "2019 Global Retail Force" report shows that in fiscal year to 2017, the compound growth rate of Vipshop was 73.8%, ranking second in the "Top Ten Global Growth Fastest Retailers".

    8. In January 2021, the General Administration of Market Supervision According to the report, the General Administration of Market Supervision shall investigate Vipshop (China) Co., Ltd. and Guangzhou Vipshop E -commerce Co., Ltd. in accordance with the law.

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