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August 29, 2015 4:09 PM ET

Internet and Catalog Retail

Company Overview of Vipshop Holdings Limited

Company Overview

Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China. It offers a range of branded products, including women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories consisting of belts, jewelry, watches, and glasses for women and men. The company also provides handbags, such as purses, satchels, duffel bags, and wallets; apparel, gear and accessories, furnishings and decor, toy...

No. 20 Huahai Street

Liwan District

Guangzhou,  510370

China

Founded in 2008

16,919 Employees

Phone:

86 20 2233 0000

Fax:

86 20 2233 0111

Key Executives for Vipshop Holdings Limited

Vipshop Holdings Limited does not have any Key Executives recorded.

Vipshop Holdings Limited Key Developments

Vipshop Holdings Limited Announces Unaudited Consolidated Financial Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Vipshop Holdings Limited announced unaudited consolidated financial results for the second quarter ended June 30, 2015. For the quarter, the company's total net revenues were RMB 5,078,886,000 against RMB 9,018,122,000 a year ago. Income from operations was RMB 149,639,000 against RMB 437,768,000 a year ago. Income before income taxes and share of loss of affiliates was RMB 207,638,000 against RMB 516,496,000 a year ago. Net income attributable to company’s shareholders was RMB 161,545,000 or RMB 1.37 per diluted share against RMB 399,291,000 or RMB 3.32 per diluted share a year ago. Non-GAAP income from operations was RMB 266,990,000 against RMB 568,614,000 a year ago. Non-GAAP net income was RMB 251,648,000 against RMB 513,623,000 a year ago. Non-GAAP net income attributable to company’s shareholders was RMB 263,248,000 or RMB 2.20 per diluted share against RMB 517,627,000 or RMB 4.31 per diluted share a year ago. For the quarter ended June 30, 2015, net cash used in operating activities was RMB 467.4 million, as compared with net cash from operations of RMB 183.7 million in the prior year period. This was primarily due to the company substantially expediting its payments to suppliers, in order to support their growth and create an ecosystem that will strengthen company’s competitive advantages. Increase in revenue primarily driven by the growth in the numbers of total active customers, repeat customers, total orders, as well as the increasing revenue contribution from the mobile platform. For the third quarter of 2015, the company expects its total net revenue to be between RMB 9.1 billion and RMB 9.3 billion, representing a year-over-year growth rate of approximately 71% to 74%. These forecasts reflect the company's current and preliminary view on the market and operational conditions, which is subject to change. The company expects to spend USD 250 million on warehouse expansion project.

Vipshop Holdings Limited to Report Q2, 2015 Results on Aug 10, 2015

Vipshop Holdings Limited announced that they will report Q2, 2015 results at 5:00 PM, China Standard Time on Aug 10, 2015

Vipshop Holdings Limited, Q2 2015 Earnings Call, Aug 11, 2015

Vipshop Holdings Limited, Q2 2015 Earnings Call, Aug 11, 2015

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