Vipshop Holdings (VIPS) Tops Q1 EPS by 1c
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Vipshop Reports Unaudited First Quarter 2017 Financial Results
May 15, 2017 4:05 PM EDTGUANGZHOU, China, May 15, 2017 /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 first quarter ended March 31, 2017.
First Quarter 2017 Highlights
Total net revenue for the first quarter of 2017 increased by 31.1% to RMB15.95 billion (US$2.32 billion) from RMB12.17 billion in the prior year period. The number of active customers[1] for the first quarter of 2017 increased by 32% year over year to 26.0 million. Total... More