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Vipshop: Q4 net up 27 percent
(MENAFN) New York-listed Chinese online retailer Vipshop Holdings Limited has reported a 27-percent jump in net revenue in the fourth quarter of last year.
According to the company, net revenue reached CNY24 billion in the fourth quarter ending December 31.
Total orders for the fourth quarter of last year also went up by 27 percent year on year to 104 million, while for the whole year, total orders reached 335 million.
The Non-GAAP net income attributable to Vipshop's shareholders during the same period was CNY888 million.
According to the company, net revenue reached CNY24 billion in the fourth quarter ending December 31.
Total orders for the fourth quarter of last year also went up by 27 percent year on year to 104 million, while for the whole year, total orders reached 335 million.
The Non-GAAP net income attributable to Vipshop's shareholders during the same period was CNY888 million.
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