Vipshop Holdings Ltd ADR

VIPS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Vipshop Earnings: Business Turning Around; Raised Valuation by 26%

Chelsey Tam

Aug 15, 2025

Vipshop's gross merchandise volume, or GMV, returned to year-on-year growth of 2% in the second quarter, rebounding from five consecutive quarters of flat to negative growth. For the third quarter, it expects total revenue growth of 0% to 5% year over year, versus a 4% decline in the second quarter.

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Vipshop Holdings Ltd ADR

Vipshop Earnings: Business Turning Around; Raised Valuation by 26%

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