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General Information

Websitevipshop.com
Blogvipshop.com/blog.php
CategoryeCommerce
Phone400-6789-888
Employees
Founded8/2008

Offices

China
CHN
Guangzhou, CHN

People

Co-Founder&Chairman&CEO

Funding

TOTAL $20M
FUNDING TOTAL $20M
Venture Round, 11/2010
Sequoia Capital
DCM
$20M

Tags

Vipshop

Vipshop is China’s leading online discount retailer for brands.

The Company offers high quality and popular branded products to consumers throughout China at a significant discount from retail prices. As compared to conventional on-line marketplaces or large-scale multi-category online retailers, Vipshop has successfully created and proven there is a third e-commerce model that can provide tremendous scale and profitability. By providing special offers and large discounts on branded products, the Company has pioneered the online discount retail model in China and become the expert and leader trusted by our customers and brand partners alike.

Since its founding in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. As of December 31, 2012, the Company had approximately 4.9 million cumulative customers and partnerships with over 5,800 domestic and international brands. VIPShop raised $50 million in Series B from DCM and Sequoia Capital after securing 20 million in its Series A. On March 23, the company raised USD 72.64 million through its IPO.

Recent Milestones

  • Dollar
    Vipshop received $20M in Venture Round funding. (11/8/10)
    Posted 11/8/10 at 7:16pm via finsmes.com
  • Check
    Vipshop added Ya Shen as Co-Founder&Chairman&CEO.
    Posted 1/4/14 at 6:47am

Videos

Screenshots

Vipshop screenshot
Above: Vipshop Screenshot -- #1
Uploaded: 2/11/14

Sources

  1. Vipshop Closes $20m Round of Funding (finsmes.com) [edit]
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Last Edited 3/12/14

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