Vipshop Holdings (VIPS) Misses Q3 EPS by 4c, Revenues Beat

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Vipshop Reports Unaudited Third Quarter 2018 Financial Results

November 14, 2018 4:05 PM EST

GUANGZHOU, China, Nov. 14, 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 third quarter ended September 30, 2018.

Third Quarter 2018 Highlights

Total net revenue for the third quarter of 2018 increased by 16.4% year over year to RMB17.8 billion (US$2.6 billion) from RMB15.3 billion in the prior year period. The number of active customers[1] for the third quarter of 2018 increased by 11% year over year to 26.5... More