Why Vipshop Shares Are Sliding Today

Vipshop Holdings Ltd VIPS reported a Q2 FY23 revenue growth of 13.6% Y/Y to RMB27.9 billion ($3.84 billion), beating the consensus of $3.83 billion. GMV increased by 24.5% Y/Y to RMB50.6 billion. The number of active customers grew by 9.6% Y/Y to 45.7 million. Total orders increased by 14.7% Y/Y…#vipshopholdingsltd #gmv #super #ericshen

Source: Reuters: Health - August 18, 2023 Category: Consumer Health News Source Type: news