Company Earnings UpdateVipshop (NYSE: VIPS) 4Q18 Results: Active Customers Increase Thanks to WeChat Mini Programs, but Revenue Growth Slows Coresight Research February 25, 2019 Executive Summary Vipshop reported 4Q18 revenue of ¥26.1 billion, up 8.1% year over year while full year 2018 revenue was ¥84.5 billion, up 15.9% year over year. 4Q18 revenue missed the consensus estimate of ¥26.7 billion. The number of active customers increased 13% year over year to 32.4 million, partly driven by WeChat mini programs. The company estimated total revenue at ¥19.9–20.9 billion for the first quarter of 2019. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: The Evolving Supply Chain Landscape: Tariffs, Holiday 2025, and What’s Next: Insights Presented by Deborah Weinswig at The Lead SummitRecent Conference Insights, from World Retail Congress to ICSC Las Vegas: Coresight Research Premium Subscriber Call, June 20252026 Sector Outlook: US CPG—Volume Growth, GLP-1 Influence and Digital Acceleration To Drive CPG GrowthUS Retail—Real Estate Insights: Embracing Small Store Formats, Immersive Experiences and Emerging Technologies