Vipshop Holdings (VIPS) Misses Q2 EPS by 1c

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Vipshop Reports Unaudited Second Quarter 2018 Financial Results

August 13, 2018 4:05 PM EDT

Conference Call to Be Held at 8:00 A.M. U.S. Eastern Time on August 14, 2018

GUANGZHOU, China, Aug. 13, 2018 /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 second quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Total net revenue for the second quarter of 2018 increased by 18.4% year over year to RMB20.7 billion (US$3.1 billion) from RMB17.5 billion in the prior year period. The... More