Company Earnings Update 3 minutesRegister for Free AccessVipshop (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? Register for a free user account. This document was generated for Other research you may be interested in: Breathing New Life into the Shopping Experience: The Surge of the Resale Market—China Retail InsightsWeinswig’s Weekly: The Bounty of AI Is Just Around the CornerExploring Retail Media Network Opportunities in the Convenience Channel: Insights Presented at NACS State of the Industry Summit 2024May 2023 Leading Indicators of US Retail Sales: Projecting Mid-Single-Digit Growth Amid Declining Consumer Sentiment
