Vipshop Holdings (VIPS) Tops Q1 EPS by 2c

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Vipshop Reports Unaudited First Quarter 2022 Financial Results

May 19, 2022 5:00 AM EDT

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 19, 2022

GUANGZHOU, China, May 19, 2022 /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 quarter ended March 31, 2022.

First Quarter 2022 Highlights

Total net revenues for the first quarter of 2022 were RMB25.2 billion (US$4.0 billion), as compared with RMB28.4 billion in the prior year... More