Latest News
Vipshop reports 27 pct jump in Q4 net revenue
Last Updated: 2018-02-14 09:09 | Xinhua
 Save  Print   E-mail

New York-listed Chinese online retailer Vipshop Holdings Limited reported a 27-percent jump in net revenue in the fourth quarter of 2017, according to an unaudited financial report the company released Tuesday.

Net revenue was 24 billion yuan (about 3.7 billion U.S. dollars) in the fourth quarter ending Dec. 31, the company said.

Total orders for the fourth quarter of 2017 also increased by 27 percent year on year to 104 million. For the whole year, total orders hit 335 million.

The Non-GAAP net income attributable to Vipshop's shareholders during the same period was 888 million yuan.

In December last year, Tencent Holdings and reached a deal with Vipshop to invest 863 million U.S. dollars in the latter.

Launched in 2008 as, the company was listed on the New York Stock Exchange in 2012, and a year later launched

Share to 
Related Articles:
Most Popular
Chinese | BIG5 | Deutsch
Xinhuanet | | People's Daily Online | | CNTV | | Global Times | | China Youth International | Visit Beijing |
About | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved