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: Day One at NRF 2023: Retail’s Big Show—Personalization Drives Retail Relevance at Every Consumer TouchpointWeekly US and UK Store Openings and Closures Tracker 2024, Week 40: UK Store Closures Surpass 1,000US Apparel and Beauty Spending Tracker, October 2023: Clothing and Footwear Spending Up Low Single-Digits; Beauty Spending Growth Remains ResilientNRF 2024: Retail’s Big Show Wrap-Up—Leveraging Tech To Evolve the Retail Experience and Improve Efficiency
