Vipshop Holdings (VIPS) Tops Q4 EPS by 12c

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Vipshop Reports Unaudited Fourth Quarter and Full Year 2015 Financial Results

February 24, 2016 4:01 PM EST

GUANGZHOU, China, Feb. 24, 2016 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Highlights

Total net revenue increased by 65% to RMB13.90 billion (US$2.15 billion), primarily attributable to a 58% year-over-year increase in the number of active customers[1] to 19.8 million and a 67% year-over-year increase in total orders[2] to 64.9 million. Gross profit increased by 60% to RMB3.35 billion... More