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Vipshop Holdings IPO Info

Vipshop Holdings

Company Name: Vipshop Holdings
Stock Symbol: VIPS
Exchange: NYSE
Status: Priced
IPO Date: 3/23/2012
IPO Price: 6.50 (174.46%)
Underwriters
Goldman Sachs (Asia) L.L.C., Deutsche Bank

Amount of Offering: 71,529,900
Number of Shares Offered: 11.005 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Vipshop is China's leading online discount retailer for brands as measured by total revenues in 2010, the number of registered members as of June 30, 2011 and the number of monthly unique visitors in December 2011, according to the Frost & Sullivan Report.
Financial Data
In 2009, 2010 and 2011, Vipshop fulfilled over 70 thousand, over 0.9 million and over 7.2 million customer orders, respectively, and generated total net revenues of US$2.8 million, US$32.6 million and US$227.1 million, respectively. In 2009, 2010 and 2011, Vipshop incurred net losses of US$1.4 million, US$8.4 million and US$107.3 million, respectively. The net loss in 2011 reflected non-cash share-based compensation expenses in an aggregate amount of US$73.9 million.

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