Vipshop (NYSE: VIPS) is an e-commerce platform dedicated to flash sales. Its sales encompass a wide range of categories, including clothing, shoes and bags, cosmetics, mother and kids, and home goods. Vipshop was formerly known as Vipshop.com. The company was founded in 2008 and is based in Guangzhou, China.
Expert Collections containing Vipshop
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Vipshop is included in 1 Expert Collection, including E-Commerce.
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Latest Vipshop News
Nov 15, 2023
Robert Way/iStock Editorial via Getty Images Citi has upgraded Vipshop Holdings (NYSE: VIPS ) to buy from neutral citing the company's Q3 results and management's 2024 outlook. The firm also upped its price target to $20 from $18 (~35% upside based on Tuesday's close). Shares are up ~12% in Wednesday morning trading. Analyst Alicia Yap noted that Vipshop's ( VIPS ) Q3 results beat both Citi and consensus estimates, though Q4 estimates came in lower than expected. However, 2024 is shaping up to be a good year for Vipshop ( VIPS ) given "room to grow new users and improve merchandising selection and continued operational efficiency that will support further, but a more gradual, improvement in margin and profit." Management "sounded confident that 2024 margins will still have room to improve as it further enhances operation efficiency," though Yap added that the improvement will be less than that seen in 2023.
Vipshop Frequently Asked Questions (FAQ)
When was Vipshop founded?
Vipshop was founded in 2008.
Where is Vipshop's headquarters?
Vipshop's headquarters is located at No. 20 Huahai Street, Guangzhou.
What is Vipshop's latest funding round?
Vipshop's latest funding round is Corporate Minority - P2P - III.
How much did Vipshop raise?
Vipshop raised a total of $70M.
Who are the investors of Vipshop?
Investors of Vipshop include Tencent, JD.com, DCM Ventures, Sequoia Capital and HongShan.
Who are Vipshop's competitors?
Competitors of Vipshop include Mogu and 4 more.
Compare Vipshop to Competitors
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