Vipshop

Vipshop is a Guangdong-based online marketplace that offers casual wear, jeans, outerwear, swimsuits, lingeries and pajamas. Read more

Eric Ya Shen's photo - Chairman & CEO of Vipshop

Chairman & CEO

Eric Ya Shen

CEO Approval Rating

85/100

Founded:

2008

Status:

PublicIndependent CompanyNYSEVIPS

VIPSHOP TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Pinduoduo is Vipshop's biggest rival. Pinduoduo was founded in Changning, Shanghai Municipality} in 2015. Pinduoduo operates in the Application Software industry. Compared to Vipshop, Pinduoduo generates $6.5B less revenue.

Alibaba Group is Vipshop's #2 rival. Alibaba Group's headquarters is in Hangzhou, Zhejiang Province, and was founded in 1999. Like Vipshop, Alibaba Group also operates in the Logistics, Wholesalers & Retail Distributors sector. Alibaba Group generates 598% of Vipshop's revenue.

Suning is Vipshop's #3 competitor. Suning was founded in 1996 in Nanjing, Jiangsu Province. Suning competes in the Computer & Electronics Retail field. Suning generates $21B more revenue than Vipshop.

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Vipshop Quarterly and Annual Revenue

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Annual Revenue

$15.7B

Vipshop's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 22.8B.

Vipshop Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Shan Shan Outlets

Jul 2019

Source »
$421M
-

These are all the companies that Vipshop has acquired. Vipshop's latest acquisition was Shan Shan Outlets in Jul 2019.

Vipshop Funding History

Since Vipshop was founded in 2008, it has participated in 3 rounds of funding. In total Vipshop has raised $954.5M. Vipshop's last funding round was on Dec 2017 for a total of $863.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Dec 2017
$863M

Tencent

IPO
Mar 2012
$71.5M
-
Unattributed
Nov 2010
$20M

Since Vipshop was founded in 2008, it has participated in 3 rounds of funding. In total Vipshop has raised $954.5M. Vipshop's last funding round was on Dec 2017 for a total of $863.0M

Vipshop Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Lamabang is an online retailer that sells maternity dresses, milk powders, diapers, shoes and blankets.
$100M
Mar 05, 2015
Series C
-
Lamabang is an online retailer that sells maternity dresses, milk powders, diapers, shoes and blankets.
$20M
Jul 04, 2014
Series B
-
Fashionandyou is an online marketplace for apparel and accessories.
$10M
May 28, 2014
Series D
-

These are all the companies that Vipshop has invested in. Vipshop's latest investment was Shan Shan Outlets in Jul 2019.

Vipshop News

January 14, 2021Competition Policy International

China's Regulator Probes e-Commerce Platform Vipshop

China's top market regulator has launched an investigation into e-commerce platform Vipshop Holdings ... See more »
December 30, 2020Shanghai Daily

JD, Tmall fined over pricing irregularities

CHINA'S market regulator said yesterday that it has fined JD.com Inc, Alibaba's Tmall and Vipshop 500... See more »
March 6, 2020EqualOcean

Vipshop Released 2019 Q4 Financial Report - Stock Price Rises from 2018 Bottom

Vipshop's 2019 Q4 net revenue was CNY 29.32 billion and gross profit was CNY 7 billion, the stock pri... See more »

Vipshop Press Releases

August 14, 2019PR Newswire Asia

Vipshop Reports Unaudited Second Quarter 2019 Financial Results

Conference Call to Be Held at 8:00 A.M. U.S. Eastern Time on August 15, 2019GUANGZHOU, China, Aug. 15... See more »
July 10, 2019PR Newswire Asia

Vipshop Announces Strategic Acquisition of Shan Shan Outlets

GUANGZHOU, China, July 10, 2019 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading onli... See more »
February 20, 2019PR Newswire Asia

Vipshop Reports Unaudited Fourth Quarter and Full Year 2018 Financial Results

Conference Call to Be Held at 8:00 A.M. U.S. Eastern Time on February 21, 2019GUANGZHOU, China, Feb. ... See more »
November 15, 2018central charts

Vipshop Reports Unaudited Third Quarter 2018 Financial Results

GUANGZHOU, China, Nov. 14, 2018 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading onli... See more »
August 13, 2018PR Newswire

Vipshop Reports Unaudited Second Quarter 2018 Financial Results

Conference Call to Be Held at 8:00 A.M. U.S. Eastern Time on August 14, 2018 GUANGZHOU, China, Aug. 1... See more »
August 13, 2018PRWeb

VIP.com Broadens U.S. Partnerships to Meet Chinese E-Commerce Demand

Third-largest Chinese e-commerce platform delivers established and emerging brands to 300 million(PRW... See more »

Social Media

Vipshop Headquarters

No.20 Huahai Street

Guangzhou, Guangdong Province510370

86-20-2233-0000

Driving Directions »

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Vipshop Summary

ABOUT

Overview

Vipshop.com is an online discount retailer for various brands, offers a range of discount products. Founded in 2008 and headquartered in Guangdong, China with 16,919 employees, it is a leading online discount retailer for brands in China. Since then, ...

CEO

Vipshop's Chairman & CEO, Eric Ya Shen, currently has an approval rating of 85%. Vipshop's primary competitors are Pinduoduo, Alibaba Group & Suning.

Website

vip.com

Frequently Asked Questions about Vipshop

  1. When was Vipshop founded?

    Vipshop was founded in 2008
  2. Who is Vipshop's CEO?

    Vipshop's CEO is Eric Ya Shen
  3. How much revenue does Vipshop generate?

    Vipshop generates $15.7B in revenue
  4. How much funding does Vipshop have?

    Vipshop has historically raised $954.5M in funding
  5. Where is Vipshop's headquarters?

    Vipshop's headquarters is in Guangzhou Guangdong Province, CN
  1. How many employees does Vipshop have?

    Vipshop has 45,302 employees
  2. What sector does Vipshop operate in?

    Vipshop is in Apparel Retail, Logistics, Wholesalers & Retail Distributors
  3. Who are Vipshop's competitors?

    Vipshop's top competitors are Pinduoduo, Alibaba Group, Suning
  4. Who has Vipshop invested in?

    Vipshop's has invested in companies such as Lamabang, Lamabang, FashionAndYou