Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

EXPLAINED: Vipshop adds more shoppers super vips jump double digits | Rare Historical Photos

Vipshop Holdings-Photo by Bangla press via Shutterstock

Vipshop Holdings Limited (NYSE:VIPS) stock rose Thursday after it reported its third-quarter results.

The quarterly sales reached $3.00 billion (21.4 billion Chinese yuan), topping the analyst consensus estimate of $2.96 billion. This is a 3.46% increase over sales of 20.7 billion yuan in the same period last year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.