1、 1 Vipshop Reports Unaudited Third Quarter 2025 Financial Results Conference Call to Be Held at 7:00 A.M.U.S.Eastern Time on November 20,2025 Guangzhou,China,November 20,2025 Vipshop Holdings Limited(NYSE:VIPS),a leading online discount retailer for brands in China(“Vipshop”or the“Company”),today an
2、nounced its unaudited financial results for the quarter ended September 30,2025.Third Quarter 2025 Highlights Total net revenues for the third quarter of 2025 increased by 3.4%year over year to RMB21.4 billion(US$3.0 billion)from RMB20.7 billion in the prior year period.GMV1 for the third quarter of
3、 2025 increased by 7.5%year over year to RMB43.1 billion from RMB40.1 billion in the prior year period.Gross profit for the third quarter of 2025 was RMB4.9 billion(US$689.6 million),compared with RMB5.0 billion in the prior year period.Net income attributable to Vipshops shareholders for the third
4、quarter of 2025 increased by 16.8%year over year to RMB1.2 billion(US$171.5 million)from RMB1.0 billion in the prior year period.Non-GAAP net income attributable to Vipshops shareholders2 for the third quarter of 2025 increased by 14.6%year over year to RMB1.5 billion(US$210.9 million)from RMB1.3 bi
5、llion in the prior year period.The number of active customers3 for the third quarter of 2025 increased by 1.3%year over year to 40.1 million from 39.6 million in the prior year period.Total orders4 for the third quarter of 2025 increased by 1.5%year over year to 166.4 million from 163.9 million in t
6、he prior year period.Mr.Eric Shen,Chairman and Chief Executive Officer of Vipshop,stated,“We successfully regained business growth in the third quarter,driven by positive customer momentum,especially double-digit growth 1“Gross merchandise value(GMV)”is defined as the total Renminbi value of all pro