Vipshop Holdings Limited (VIPS) reported that its fourth quarter net income attributable to shareholders increased by 32.2% year over year to RMB 3.0 billion from RMB 2.2 billion in the prior year period. Net income per ADS increased to RMB 5.35 from RMB 3.66. Non-GAAP net income attributable to shareholders increased by 43.4% year over year to RMB 3.2 billion. Non-GAAP net income attributable to shareholders per ADS increased to RMB 5.79 from RMB 3.65.
Fourth quarter total net revenues increased by 9.2% year over year to RMB 34.7 billion. GMV increased by 21.9% year over year to RMB 66.4 billion.
For the first quarter, the company expects total net revenues to be between RMB 27.5 billion and RMB 28.9 billion, a year-over-year increase of approximately 0% to 5%.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.