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Vipshop (VIPS) Revenue & Revenue Breakdown

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Vipshop Revenue Highlights

Latest Revenue (Y)

$112.86B

Latest Revenue (Q)

$27.65B

Main Segment (Y)

Product

Main Geography (Y)

Other

Vipshop Revenue by Period

Vipshop Revenue by Year

DateRevenueChange
2023-12-31$112.86B9.41%
2022-12-31$103.15B-11.88%
2021-12-31$117.06B14.92%
2020-12-31$101.86B9.53%
2019-12-31$92.99B10.02%
2018-12-31$84.52B15.93%
2017-12-31$72.91B28.84%
2016-12-31$56.59B40.76%
2015-12-31$40.20B71.75%
2014-12-31$23.41B127.66%
2013-12-31$10.28B138.01%
2012-12-31$4.32B202.61%
2011-12-31$1.43B560.60%
2010-12-31$216.10M1028.40%
2009-12-31$19.15M-

Vipshop generated $112.86B in revenue during NA 2023, up 9.41% compared to the previous quarter, and up 133.52% compared to the same period a year ago.

Vipshop Revenue by Quarter

DateRevenueChange
2024-03-31$27.65B-20.27%
2023-12-31$34.67B52.31%
2023-09-30$22.77B-18.34%
2023-06-30$27.88B1.25%
2023-03-31$27.54B-13.29%
2022-12-31$31.76B46.92%
2022-09-30$21.61B-11.90%
2022-06-30$24.54B-2.81%
2022-03-31$25.24B-26.04%
2021-12-31$34.13B36.96%
2021-09-30$24.92B-15.83%
2021-06-30$29.61B4.26%
2021-03-31$28.40B-20.62%
2020-12-31$35.77B54.34%
2020-09-30$23.18B-3.86%
2020-06-30$24.11B28.30%
2020-03-31$18.79B-35.90%
2019-12-31$29.32B49.49%
2019-09-30$19.61B-13.77%
2019-06-30$22.74B6.68%
2019-03-31$21.32B-18.27%
2018-12-31$26.08B46.28%
2018-09-30$17.83B-14.02%
2018-06-30$20.74B4.37%
2018-03-31$19.87B-17.65%
2017-12-31$24.13B57.57%
2017-09-30$15.31B-12.58%
2017-06-30$17.52B9.80%
2017-03-31$15.95B-15.95%
2016-12-31$18.98B58.14%
2016-09-30$12.00B-10.69%
2016-06-30$13.44B10.44%
2016-03-31$12.17B-12.46%
2015-12-31$13.90B60.31%
2015-09-30$8.67B-3.85%
2015-06-30$9.02B4.71%
2015-03-31$8.61B1.75%
2014-12-31$8.46B55.92%
2014-09-30$5.43B5.21%
2014-06-30$5.16B18.47%
2014-03-31$4.36B10.40%
2013-12-31$3.95B67.67%
2013-09-30$2.35B8.66%
2013-06-30$2.17B12.12%
2013-03-31$1.93B3.28%
2012-12-31$1.87B90.83%
2012-09-30$980.06M13.84%
2012-06-30$860.89M34.73%
2012-03-31$638.96M-0.02%
2011-12-31$639.10M89.96%
2011-09-30$336.43M28.21%
2011-06-30$262.41M38.37%
2011-03-31$189.65M-

Vipshop generated $27.65B in revenue during Q1 2024, up -20.27% compared to the previous quarter, and up 87.05% compared to the same period a year ago.

Vipshop Revenue Breakdown

Vipshop Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Sportswear And Sporting Goods$13.75B$13.87B$12.80B$13.53B$10.65B
Skincare And Cosmetics$14.02B$15.67B$15.28B$15.40B-
Shoes And Bags$8.30B$9.38B$8.26B$10.94B$10.01B
Home Goods And Other Lifestyle Products$8.55B$8.62B$8.36B$10.70B$9.05B
Baby And Children Products$9.03B$9.61B$8.74B$8.70B-
Product$100.73B$105.61B$97.25B$111.26B$97.45B
Product and Service, Other$7.69B$7.24B$5.90B$5.80B$4.41B
Supermarkets And Other Products$12.26B$10.83B$10.49B$15.59B-
Womenswear And Menswear$34.83B$37.63B$33.33B$36.39B-
Service--$4.71B--
Lease--$1.47B--
Reward Points--$357.80M--
Apparel----$35.40B
Toys Kids And Baby----$11.40B
Other Products----$6.05B
Cosmetics----$14.88B

Vipshop's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (48.16%), Womenswear And Menswear (16.65%), Skincare And Cosmetics (6.70%), Sportswear And Sporting Goods (6.57%), Supermarkets And Other Products (5.86%), Baby And Children Products (4.32%), Home Goods And Other Lifestyle Products (4.09%), Shoes And Bags (3.97%), and Product and Service, Other (3.67%).

Vipshop Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
Other$962.19M

Vipshop's latest annual revenue breakdown by geography, as of Dec 24: Other (100.00%).

Vipshop Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
JDJD$1.08T$260.05B
BABAAlibaba Group$941.17B$221.87B
PDDPDD$247.64B$86.81B
VIPSVipshop$112.86B$27.65B
MELIMercadoLibre$18.64B$4.76B
SESea$13.06B$4.33B
DADADada Nexus$10.51B$2.45B
GLBEGlobal-e Online$569.95M$145.87M
JMIAJumia$186.40M$45.31M

VIPS Revenue FAQ

What is Vipshop’s yearly revenue?

Vipshop's yearly revenue for 2023 was $112.86B, representing an increase of 9.41% compared to 2022. The company's yearly revenue for 2022 was $103.15B, representing a decrease of -11.88% compared to 2021. VIPS's yearly revenue for 2021 was $117.06B, representing an increase of 14.92% compared to 2020.

What is Vipshop’s quarterly revenue?

Vipshop's quarterly revenue for Q1 2024 was $27.65B, a -20.27% decrease from the previous quarter (Q4 2023), and a 0.40% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $34.67B, a 52.31% increase from the previous quarter (Q3 2023), and a 9.18% increase year-over-year (Q4 2022). VIPS's quarterly revenue for Q3 2023 was $22.77B, a -18.34% decrease from the previous quarter (Q2 2023), and a 5.32% increase year-over-year (Q3 2022).

What is Vipshop’s revenue growth rate?

Vipshop's revenue growth rate for the last 3 years (2021-2023) was -3.59%, and for the last 5 years (2019-2023) was 21.36%.

What are Vipshop’s revenue streams?

Vipshop's revenue streams in c 24 are Sportswear And Sporting Goods, Skincare And Cosmetics, Shoes And Bags, Home Goods And Other Lifestyle Products, Baby And Children Products, Product, Product and Service, Other, Supermarkets And Other Products, and Womenswear And Menswear. Sportswear And Sporting Goods generated $13.75B in revenue, accounting 6.57% of the company's total revenue, down -0.88% year-over-year. Skincare And Cosmetics generated $14.02B in revenue, accounting 6.70% of the company's total revenue, down -10.55% year-over-year. Shoes And Bags generated $8.3B in revenue, accounting 3.97% of the company's total revenue, down -11.54% year-over-year. Home Goods And Other Lifestyle Products generated $8.55B in revenue, accounting 4.09% of the company's total revenue, down -0.77% year-over-year. Baby And Children Products generated $9.03B in revenue, accounting 4.32% of the company's total revenue, down -5.98% year-over-year. Product generated $100.73B in revenue, accounting 48.16% of the company's total revenue, down -4.62% year-over-year. Product and Service, Other generated $7.69B in revenue, accounting 3.67% of the company's total revenue, up 6.13% year-over-year. Supermarkets And Other Products generated $12.26B in revenue, accounting 5.86% of the company's total revenue, up 13.14% year-over-year. Womenswear And Menswear generated $34.83B in revenue, accounting 16.65% of the company's total revenue, down -7.45% year-over-year.

What is Vipshop’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Vipshop was Product. This segment made a revenue of $100.73B, representing 48.16% of the company's total revenue.