China's Discount Retailer Vipshop Achieves Revenue Of CNY 27.5 Billion In Q1 2023
June 02, 2023 at 17:45 PM EDT
Vipshop Holdings Limited, headquartered in Guangzhou, recently released its first 2023 quarterly report. In Q1 2023, the company achieved revenue of CNY 27.5 billion ($3.88 billion), up 9.1% year-over-year and above market expectations.