VIPS - What's Going On With Vipshop's Stock Today? | Benzinga
Vipshop Holdings Ltd (NYSE: VIPS) reported third-quarter FY23 revenue growth of 5.3% year-over-year to RMB22.8 billion ($3.1 billion).
GMV increased by 13.1% year over year to RMB42.5 billion for the quarter.
The number of active customers grew by 3.5% Y/Y to 42.5 million. Total orders increased by 6.9% Y/Y to 179.9 million.
The Gross profit declined by 13% Y/Y to RMB5.4 billion ($737.6 million), and the gross margin contracted by 200 bps to 21.7%.
The adjusted operating income increased by 33% Y/Y to RMB2.1 billion ($284.2 million), ...