Vipshop Holdings Ltd-ADR VIPS

Vipshop Holdings Limited is a leading e-commerce retailer that offers various branded products to consumers at a discount. Founded in 2008, the company has its headquarters in Guangzhou, China. Vipshop operates locally in the People’s Republic of China.

The company has three segments, namely Vip.com, Shan Shan Outlets, and Others. Offerings include women’s apparel such as casual wear, denim, dresses, outerwear, pyjamas, lingerie, and maternity wear. The men’s clothing range includes smart and casual T-shirts, polo and golf shirts, jackets, trousers, and underwear. Vipshop’s platforms sell skincare and cosmetic products as well, including facial cleansers, lotions, body creams, sunscreens, foundations, lipsticks, and eye makeup. Consumers can also buy accessories for men and women such as belts, watches, jewellery, and sunglasses. Additionally, the company sells bags and luggage cases, such as purses, satchels, duffel bags, and wallets. Non-clothing and accessory items include décor, furniture, toys, and games for all age groups. Online shoppers will also find footwear such as sports shoes on the Vipshop platforms. The company sells electronics, home appliances, and fresh and canned foods for both humans and pets.

Vipshop’s online platforms are available on desktop and mobile devices. The company also provides warehousing, procurement, and logistics services. Vipshop trades on the NYSE under the VIPS ticker.

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