The Latest Breaking News from VIPS

Dennis Hauger snatched FIA Formula 2 feature race victory in Baku after a heartbreaking crash with just five minutes remaining for Juri Vips. 

Vipshop Holdings Limited (NYSE:VIPS) reported a first-quarter FY22 revenue decline of 11.1% year-on-year to $3.98 billion, missing the consensus of $4.16 billion. Drivers: Vipshop's GMV declined 7.6% Y/Y to RMB42.6 billion. The number of active customers decreased 7.9% Y/Y to 42.2 million. Total orders fell 5.2% Y/Y to 166.4 million. Resilient Margins: The gross margin…

Vipshop Holdings Ltd (NYSE:VIPS) board of directors has authorized a new share repurchase program for up to $1 billion of its American depositary shares or Class A ordinary shares over the next 24-month period. The company's board will review the share repurchase program periodically and may authorize adjusting its terms and size. The…

Today I'll analyze and compare Vipshop Holdings (VIPS) and Alibaba Group (BABA) to determine which Chinese e-commerce stock is currently a better investment.

Key takeaways: After years of steady growth, Vipshop posted a rare 5% revenue decline in its latest quarter, with profit down by an even sharper 42% The discount e-commerce company has rolled out a series of initiatives to jumpstart growth, including trying to convert more users into VIP members By…

The Chinese e-commerce industry is growing rapidly, supported by increased demand, enhanced digital engagement, and a post-pandemic shift by consumers to online shopping. So, we think fundamentally strong Chinese e-commerce stocks Vipshop (VIPS), Yunji (YJ), and LightInTheBox (LITB) are solid bets now. Read on.

Vipshop Holdings Ltd (NYSE:VIPS) reported a fourth-quarter FY21 revenue decline of 4.6% year-on-year to $5.36 billion, missing the consensus of $5.59 billion. Drivers: Vipshop's GMV declined 3.9% Y/Y to RMB57 billion. The number of active customers decreased 7.2% Y/Y to 49.2 million. Total orders fell 4.6% Y/Y to 216.9 million. Margins: The gross margin contracted…