Vipshop Holdings Ltd
Business
Vipshop Holdings Ltd operates an online discount retail platform that offers curated, time-limited “flash sales” of branded merchandise through a technology-driven e-commerce model. It sells a broad range of products and services including apparel, accessories, cosmetics, home goods, supermarket items, membership services, platform advertising, logistics, and certain internet finance offerings. The company’s operations are organized around its Vipshop Online Platform (App, website, WeChat Mini-Program), offline outlet stores and retail operations, warehousing and fulfillment services, and a merchant/brand partner platform. Vipshop primarily serves customers across mainland China through mobile and web channels, daily flash-sale channels (e.g., Fengqiang and Kuaiqiang), and a nationwide logistics network with third-party delivery partners.
Summary from filing dated 2025-04-17
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $15.15B |
| Net income | $1.04B |
| Total assets | $11.27B |
| Total liabilities | $4.92B |
| Stockholders' equity | $5.86B |
| Operating cash flow | $1.07B |