VIP.com (NYSE: VIPS), was established in 2008. It pioneered the special “Very selective brands, Incredible price, Privileged service”Flash Sales model, retailing categories such as fashion apparels, shoes & bags, cosmetics, mother & kids, home goods, foods and more. VIP.com works with over 20,000 brands in total and more than 2,200 of the brands are exclusive online partners with VIP.com. In 2016, VIP.com reached annual net revenue of 56.59 billion RMB,269.8 million total annual orders, and the average daily orders of 800 thousand. By now, VIP.com reached over 300 million registered members and 80% repeat purchase rate. On March 23rd, 2012, VIP.com successfully listed on the New York Stock Exchange (NYSE). Since the IPO to March 31st, 2017, VIP.com has been profitable for 18 consecutive quarters. VIP.com has become the largest Flash Sales platform globally as well as the third largest online retailer in China. The Flash Sales model, represented by VIP.com, has become one of the three main modern ecommerce business models in China.
View Top Employees from VIP.com 唯品会Website | http://www.vip.com |
Ticker | VIPS |
Revenue | $10.6 billion |
Funding | $872 million |
Employees | 3,271 (1,403 on RocketReach) |
Founded | 2008 |
Address | No. 20 Huahai St, Guangzhou, Guangdong, CN |
Phone | +86 20 2233 0000 |
Fax | +86 20 2233 0111 |
Industry | Software Development, Department Stores, Shopping Centers & Superstores, Marketing, Internet Retail, Flash sales, Retail, Sales and Marketing, Online Retail, 闪购, 电子商务 |
Web Rank | 5434 |
Web Visits | 11 Million |
Keywords | Fashion Clothing, Online Retail, Online Shopping, Discounted Prices, Brand Name Products, E-Commerce |
Competitors | Gilt, JD.COM, Jollychic, ZALORA Group, Zulily |
SIC | SIC Code 531 Companies, SIC Code 53 Companies |
NAICS | NAICS Code 45 Companies, NAICS Code 44 Companies |
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The VIP.com 唯品会 annual revenue was $10.6 billion in 2024.
Hillary Wang is the Head of Global Buying全球战略采购部负责人 of VIP.com 唯品会.
1,403 people are employed at VIP.com 唯品会.
VIP.com 唯品会 is based in Guangzhou, Guangdong.
The NAICS codes for VIP.com 唯品会 are [45, 44].
The SIC codes for VIP.com 唯品会 are [531, 53].