Vipshop’s revenue drops in ‘challenging consumer environment’
Discount e-commerce site operator Vipshop Holdings Ltd. (VIPS.US) reported on Tuesday its major operating metrics all fell in the second quarter, as it navigated a “challenging consumer environment.” The company’s…
Vipshop looks to outlets in bid to jumpstart growth
The discount e-commerce company has been approved to spin off two of its brick-and-mortar outlet stores into a REIT, with another 18 similar projects Key Takeaways: Vipshop reported its revenue…
BRIEF: Vipshop forecasts potential return to revenue growth in third quarter
Discount e-commerce company Vipshop Holdings Ltd. (VIPS.US) last Thursday reported a fifth consecutive quarter of falling revenue, as it moved to reassure investors by saying its situation was stabilizing and…
BRIEF: Vipshop shares tumble on accelerating revenue declines
China’s online discount retailer Vipshop Holdings Limited (VIPS.US) said on Tuesday its second- quarter revenue fell 3.6% to 26.9 billion yuan ($3.7 billion) from 27.9 billion yuan a year earlier.…
In tight times, Vipshop wows investors with dividend policy
The discount e-commerce company, which has been consistently profitable since 2013, said it will return $250 million to investors through a dividend this year Key Takeaways: Vipshop said it will…
Vipshop’s strong results overshadowed by troubling outlook
The online discount retailer’s second-quarter results beat analyst expectations, but its third-quarter forecast was far gloomier as the Chinese economy sputters Key Takeaways: Vipshop’s revenue increased 13.6% in the second…
Profits Soar at Pinduoduo as Shoppers Chase Online Bargains
The e-commerce platform that specializes in farm produce and low-cost consumer goods reported bumper profits in the third quarter and achieved a bigger revenue jump than its rivalsKey Takeaways:Pinduoduo beat…
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