Vipshop (VIPS) Revenue & Revenue Breakdown
Vipshop Revenue Highlights
Latest Revenue (Y)
$112.86B
Latest Revenue (Q)
$27.65B
Main Segment (Y)
Product
Vipshop Revenue by Period
Vipshop Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $112.86B | 9.41% |
| 2022-12-31 | $103.15B | -11.88% |
| 2021-12-31 | $117.06B | 14.92% |
| 2020-12-31 | $101.86B | 9.53% |
| 2019-12-31 | $92.99B | 10.02% |
| 2018-12-31 | $84.52B | 15.93% |
| 2017-12-31 | $72.91B | 28.84% |
| 2016-12-31 | $56.59B | 40.76% |
| 2015-12-31 | $40.20B | 71.75% |
| 2014-12-31 | $23.41B | 127.66% |
| 2013-12-31 | $10.28B | 138.01% |
| 2012-12-31 | $4.32B | 202.61% |
| 2011-12-31 | $1.43B | 560.60% |
| 2010-12-31 | $216.10M | 1028.40% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $27.65B | -20.27% |
| 2023-12-31 | $34.67B | 52.31% |
| 2023-09-30 | $22.77B | -18.34% |
| 2023-06-30 | $27.88B | 1.25% |
| 2023-03-31 | $27.54B | -13.29% |
| 2022-12-31 | $31.76B | 46.92% |
| 2022-09-30 | $21.61B | -11.90% |
| 2022-06-30 | $24.54B | -2.81% |
| 2022-03-31 | $25.24B | -26.04% |
| 2021-12-31 | $34.13B | 36.96% |
| 2021-09-30 | $24.92B | -15.83% |
| 2021-06-30 | $29.61B | 4.26% |
| 2021-03-31 | $28.40B | -20.62% |
| 2020-12-31 | $35.77B | 54.34% |
| 2020-09-30 | $23.18B | -3.86% |
| 2020-06-30 | $24.11B | 28.30% |
| 2020-03-31 | $18.79B | -35.90% |
| 2019-12-31 | $29.32B | 49.49% |
| 2019-09-30 | $19.61B | -13.77% |
| 2019-06-30 | $22.74B | 6.68% |
| 2019-03-31 | $21.32B | -18.27% |
| 2018-12-31 | $26.08B | 46.28% |
| 2018-09-30 | $17.83B | -14.02% |
| 2018-06-30 | $20.74B | 4.37% |
| 2018-03-31 | $19.87B | -17.65% |
| 2017-12-31 | $24.13B | 57.57% |
| 2017-09-30 | $15.31B | -12.58% |
| 2017-06-30 | $17.52B | 9.80% |
| 2017-03-31 | $15.95B | -15.95% |
| 2016-12-31 | $18.98B | 58.14% |
| 2016-09-30 | $12.00B | -10.69% |
| 2016-06-30 | $13.44B | 10.44% |
| 2016-03-31 | $12.17B | -12.46% |
| 2015-12-31 | $13.90B | 60.31% |
| 2015-09-30 | $8.67B | -3.85% |
| 2015-06-30 | $9.02B | 4.71% |
| 2015-03-31 | $8.61B | 1.75% |
| 2014-12-31 | $8.46B | 55.92% |
| 2014-09-30 | $5.43B | 5.21% |
| 2014-06-30 | $5.16B | 18.47% |
| 2014-03-31 | $4.36B | 10.40% |
| 2013-12-31 | $3.95B | 67.67% |
| 2013-09-30 | $2.35B | 8.66% |
| 2013-06-30 | $2.17B | 12.12% |
| 2013-03-31 | $1.93B | 3.28% |
| 2012-12-31 | $1.87B | 90.83% |
| 2012-09-30 | $980.06M | 13.84% |
| 2012-06-30 | $860.89M | 34.73% |
| 2012-03-31 | $638.96M | -0.02% |
| 2011-12-31 | $639.10M | 89.96% |
| 2011-09-30 | $336.43M | 28.21% |
| 2011-06-30 | $262.41M | 38.37% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Shoes And Bags | $9.38B | $8.26B | $10.94B | $10.01B | $9.05B |
| Skincare And Cosmetics | $15.67B | $15.28B | $15.40B | - | - |
| Sportswear And Sporting Goods | $13.87B | $12.80B | $13.53B | $10.65B | $7.33B |
| Supermarkets And Other Products | $10.83B | $10.49B | $15.59B | - | - |
| Womenswear And Menswear | $37.63B | $33.33B | $36.39B | - | - |
| Product | $105.61B | $97.25B | $111.26B | $97.45B | $88.72B |
| Home Goods And Other Lifestyle Products | $8.62B | $8.36B | $10.70B | $9.05B | $8.31B |
| Product and Service, Other | $7.24B | $5.90B | $5.80B | $4.41B | $4.27B |
| Baby And Children Products | $9.61B | $8.74B | $8.70B | - | - |
| Lease | - | $1.47B | - | - | - |
| Reward Points | - | $357.80M | - | - | - |
| Service | - | $4.71B | - | - | - |
| Cosmetics | - | - | - | $14.88B | $14.65B |
| Other Products | - | - | - | $6.05B | - |
| Toys Kids And Baby | - | - | - | $11.40B | $10.10B |
| Apparel | - | - | - | $35.40B | $33.58B |
| Other Goods | - | - | - | - | $5.72B |
Vipshop's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (48.34%), Womenswear And Menswear (17.22%), Skincare And Cosmetics (7.17%), Sportswear And Sporting Goods (6.35%), Supermarkets And Other Products (4.96%), Baby And Children Products (4.40%), Shoes And Bags (4.30%), Home Goods And Other Lifestyle Products (3.95%), and Product and Service, Other (3.32%).
Vipshop Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JD | JD | $1.08T | $260.05B |
| BABA | Alibaba Group | $941.17B | $221.87B |
| PDD | PDD | $247.64B | $86.81B |
| VIPS | Vipshop | $112.86B | $27.65B |
| MELI | MercadoLibre | $14.47B | $4.59B |
| SE | Sea | $13.08B | $3.73B |
| DADA | Dada Nexus | $10.51B | $2.45B |
| FTCH | Farfetch | $2.32B | $572.09M |
| GLBE | Global-e Online | $569.95M | $145.87M |
| JMIA | Jumia | $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 23 are Shoes And Bags, Skincare And Cosmetics, Sportswear And Sporting Goods, Supermarkets And Other Products, Womenswear And Menswear, Product, Home Goods And Other Lifestyle Products, Product and Service, Other, and Baby And Children Products. Shoes And Bags generated $9.38B in revenue, accounting 4.30% of the company's total revenue, up 13.66% year-over-year. Skincare And Cosmetics generated $15.67B in revenue, accounting 7.17% of the company's total revenue, up 2.56% year-over-year. Sportswear And Sporting Goods generated $13.87B in revenue, accounting 6.35% of the company's total revenue, up 8.35% year-over-year. Supermarkets And Other Products generated $10.83B in revenue, accounting 4.96% of the company's total revenue, up 3.31% year-over-year. Womenswear And Menswear generated $37.63B in revenue, accounting 17.22% of the company's total revenue, up 12.89% year-over-year. Product generated $105.61B in revenue, accounting 48.34% of the company's total revenue, up 8.60% year-over-year. Home Goods And Other Lifestyle Products generated $8.62B in revenue, accounting 3.95% of the company's total revenue, up 3.13% year-over-year. Product and Service, Other generated $7.24B in revenue, accounting 3.32% of the company's total revenue, up 22.70% year-over-year. Baby And Children Products generated $9.61B in revenue, accounting 4.40% of the company's total revenue, up 9.97% year-over-year.
What is Vipshop’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Vipshop was Product. This segment made a revenue of $105.61B, representing 48.34% of the company's total revenue.