About Vipshop Company
Vipshop Holdings Ltd. operates as a holding company which through its subsidiaries engages in the provision of online product sales and distributions services. It offers womenswear, menswear, footwear, accessories, handbags, apparel for children, sportswear and sporting goods, cosmetic goods, home and lifestyle products, luxury goods, and gifts and miscellaneous. It operates through the following segments: Vip.com, Shan Shan Outlets, and Others. The Vip.com segment refers to online sales. The Shan Shan Outlets segment represents revenue from outlet stores. The Others segment includes internet finance, offline shops and city outlets. The company was founded by Ya Shen and Xiao Bo Hong on August 22, 2008 and is headquartered in Guangzhou, China.
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Here Is What to Know Beyond Why Vipshop Holdings Limited (VIPS) Is a Trending Stock
Yamato: Reiterates the positive views of the mainland Internet industry and suggests “buying” Tencent, NetEase - S, etc.
Yamato released a research report stating that it reiterated the positive views of the mainland Internet industry and recommended “buying” Tencent (00700), NetEase S (09999), Pinduoduo, Vipshop, and Kuaishou-W (01024) in that order. On the side of Tencent and NetEase, game revenue growth is expected to accelerate in the next few quarters; Pinduoduo is well positioned to earn market share; and there is potential room for profit growth for Vipshop and Kuaishou in the second half of the year. The bank also pointed out that it is optimistic about Meituan-W (03690) in the short term due to resilient profits in the second half of the year. Also, I am positive about the strong performance of NetEase's “Against the Cold” and “All Star Street Ball Party” games since September
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ColumnsVipshop (VIPS.N): 2022Q4 earnings review Significant cost reduction and efficiency gains, expected to resume positive growth in FY23
Revenue: The Company's growth rate was muted in Q4 due to the epidemic's impact. 2022Q4 revenue was down 7% YoY to $31.8 billion, mainly due to the rise in the number of people infected by the outbreak in Q4 and the decline in demand for non-essential products. The Compa...
Jefferies: Majority of Chinese technology firms were anticipated to chart estimate-beating 4Q22 earnings performance
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