Detail akcie Vipshop Holding Depository Receipt online

Business Summary: Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company's segment is sales, product distribution and offering of goods on its online platforms. The Company conducts its business through its subsidiaries and consolidated affiliated entities in China. Through its flash sales model, the Company sells limited quantities of discounted branded products online for limited periods of time. The Company offers diversified product offerings from over 17,000 domestic and international brands, including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products. The Company offers a range of products and services for consumers through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Vipshop Holdings Ltd - ADR revenues increased 9% to RMB112.86B. Net income increased 29% to RMB8.12B. Revenues reflect Online Sales, Total increase of 5% to RMB105.61B, Product revenues increase of 9% to RMB105.61B, Other revenues increase of 23% to RMB7.24B. Net income benefited from Merchandise Margins, Total - % increase of 9% to 22.8%.