GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vipshop Holdings Ltd (MEX:VIPS N) » Definitions » Gross Loan

Vipshop Holdings (MEX:VIPS N) Gross Loan


View and export this data going back to 2015. Start your Free Trial

What is Vipshop Holdings Gross Loan?

Gross Loan only applies to banks.


Vipshop Holdings Business Description

Traded in Other Exchanges
Address
128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a Leading Chinese online discount retailer offering branded products at attractive discounts ranging from 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurements, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with over 29,000 global partners as of Dec. 31, 2023. As of March 31, 2024, Eric Ya Shen, chairman and CEO, has 63.1% voting rights and a 30.9% stake while Arthur Xiaobo Hong, vice chairman and COO, has a 17.6% stake. Leading Chinese social media firm and strategic shareholder Tencent also holds an 11.8% interest.