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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

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 23Dec 22Dec 21Dec 20Dec 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

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$14.47B$4.76B
SESea$13.08B$3.73B
DADADada Nexus$10.51B$2.45B
FTCHFarfetch$2.32B$572.09M
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 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.