Reporter Wang Ziwei
On February 28th, according to the news, Vipshop (VIPS. US), a discount e-commerce platform, announced its fourth quarter and full year results for 2023 tonight. In the fourth quarter of 2023, Vipshop achieved a net revenue of 34.7 billion yuan, a year-on-year increase of 9.2%. The annual net revenue increased by 9.4% year-on-year to 112.9 billion yuan. The annual order volume increased by 9.8% year-on-year to 812.3 million. Affected by the news that ADS exceeded expectations after adjusting for the fourth quarter, Vipshop rose more than 4% before trading. As of the close on February 27th Eastern Time, Vipshop closed at $17.34 per share, with a total market value of $9.395 billion.