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State: 17.08.2024 | 11PM
Tue, 19.11.2024       Vipshop
US92763W1036

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 19, 2024

GUANGZHOU, China, Nov. 19, 2024 /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 September 30, 2024.

Third Quarter 2024 Highlights

Total net revenues for the third quarter of 2024 were RMB20.7 billion (US$2.9 billion), compared with RMB22.8 billion in the prior year period.GMV[1] for the third quarter of 2024 was RMB40.1 billion, compared with RMB42.5 billion in the prior year period.Gross profit for the third quarter of 2024 was RMB5.0 billion (US$706.1 million), compared with RMB5.4 billion in the prior year period.Net income attributable to Vipshop's shareholders for the third quarter of 2024 was RMB1.0 billion (US$149.0 million), compared with RMB1.2 billion in the prior year period.Non-GAAP net income attributable to Vipshop's shareholders[2] for the third quarter of 2024 was RMB1.3 billion (US$186.8 million), compared with RMB1.8 billion in the prior year period.The number of active customers[3] for the third quarter of 2024 was 39.6 million, compared with 42.3 million in the prior year period.Total orders[4] for the third quarter of 2024 were 163.9 million, compared with 179.9 million in the prior year period.
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