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: Weinswig’s Weekly: Let Me Be Brief—The Implications of Declining Attention SpansConsumers Shift Spending Toward Essential Categories: US Consumer Survey InsightsWhat Silicon Valley Bank’s Downfall Means for Retail TechWeekly US and UK Store Openings and Closures Tracker 2024, Week 3: Greggs To Open 140 Stores in the UK
