Guangzhou Vipshop Information Technology Co., Ltd. (NYSE: VIPS) was established in August 2008 and is headquartered in Guangzhou. Its website was launched on December 8 of the same year. Vipshop's main business is the online sale of discounted branded goods on the Internet, covering major categories such as famous apparel, shoes, bags, beauty, mother and baby, and home. On March 23, 2012, Vipshop was listed on the New York Stock Exchange (NYSE).
Vipshop has created an innovative e-commerce model of 'famous brand discounts + limited-time panic buying + genuine guarantee' in China, and it has continued to deepen into a 'specialized brand + deep discounts + limited-time panic buying' genuine sale model. In the 2017 China Top 500 list released by the authoritative US financial magazine 'Fortune', Vipshop ranked 115th and ranked third in B2C e-commerce. In the 'Fortune 500 China's Top 40 Net Asset Return Rates in 2017' list released by Fortune Magazine during the same period, Vipshop ranked third with an asset return of 35.53%, ranking first in the Internet industry. Vipshop ranked 'the world's fastest-growing top retailer' in the '2017 Global Top 250 Retailer Ranking' released by the US retail industry magazine 'Stores' and Deloitte. In BrandZ ™ 'Top 100 Most Valuable Chinese Brands in 2017', Vipshop ranked 40th and was awarded the title of 'Best New Chinese Brand'. On December 18, 2017, Tencent and JD.com invested approximately US $ 863 million in cash in Vipshop.
In September 2018, the market value ranking of Chinese technology Internet companies was released, and Vipshop ranked 20th.