1、 1 Vipshop Reports Unaudited First Quarter 2024 Financial Results Conference Call to Be Held at 7:30 A.M.U.S.Eastern Time on May 22,2024 Guangzhou,China,May 22,2024 Vipshop Holdings Limited(NYSE:VIPS),a leading online discount retailer for brands in China(“Vipshop”or the“Company”),today announced it
2、s unaudited financial results for the quarter ended March 31,2024.First Quarter 2024 Highlights Total net revenues for the first quarter of 2024 increased by 0.4%year over year to RMB27.6 billion(US$3.8 billion)from RMB27.5 billion in the prior year period.GMV1 for the first quarter of 2024 increase
3、d by 8.0%year over year to RMB52.4 billion from RMB48.5 billion in the prior year period.Gross profit for the first quarter of 2024 increased by 10.9%year over year to RMB6.5 billion(US$906.5 million)from RMB5.9 billion in the prior year period.Net income attributable to Vipshops shareholders for th
4、e first quarter of 2024 increased by 24.6%year over year to RMB2.3 billion(US$320.9 million)from RMB1.9 billion in the prior year period.Non-GAAP net income attributable to Vipshops shareholders2 for the first quarter of 2024 increased by 24.8%year over year to RMB2.6 billion(US$357.7 million)from R
5、MB2.1 billion in the prior year period.The number of active customers3 for the first quarter of 2024 was 43.1 million,compared with 43.7 million in the prior year period.Total orders4 for the first quarter of 2024 were 178.5 million,compared with 184.4 million in the prior year period.1“Gross mercha
6、ndise value(GMV)”is defined as the total Renminbi value of all products and services sold through the Companys online sales business,online marketplace platform,Shan Shan Outlets,and other offline stores during the given period,including the Companys websites and mobile apps,third-party websites and