1、 1 Vipshop Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results Conference Call to Be Held at 7:00 A.M.U.S.Eastern Time on February 21,2025 Guangzhou,China,February 21,2025 Vipshop Holdings Limited(NYSE:VIPS),a leading online discount retailer for brands in China(“Vipshop”or the“Com
2、pany”),today announced its unaudited financial results for the quarter and full year ended December 31,2024.Fourth Quarter and Full Year 2024 Highlights Total net revenues for the fourth quarter of 2024 were RMB33.2 billion(US$4.6 billion),compared with RMB34.7 billion in the prior year period.Total
3、 net revenues for the full year of 2024 were RMB108.4 billion(US$14.9 billion),compared with RMB112.9 billion in the prior year.GMV1 for the fourth quarter of 2024 was RMB66.2 billion,compared with RMB66.4 billion in the prior year period.GMV for the full year of 2024 increased by 0.6%year over year
4、 to RMB209.3 billion from RMB208.0 billion in the prior year.Gross profit for the fourth quarter of 2024 was RMB7.6 billion(US$1.0 billion),compared with RMB8.2 billion in the prior year period.Gross profit for the full year of 2024 was RMB25.5 billion(US$3.5 billion),compared with RMB25.7 billion i
5、n the prior year.Net income attributable to Vipshops shareholders for the fourth quarter of 2024 was RMB2.4 billion(US$335.2 million),compared with RMB3.0 billion in the prior year period.Net income attributable to Vipshops shareholders for the full year of 2024 was RMB7.7 billion(US$1.1 billion),co
6、mpared with RMB8.1 billion in the prior year.Non-GAAP net income attributable to Vipshops shareholders2 for the fourth quarter of 2024 was RMB3.0 billion(US$407.4 million),compared with RMB3.2 billion in the prior year period.Non-GAAP net income attributable to Vipshops shareholders for the full yea