One Fund Sold $21 Million in Vipshop Stock as E-Commerce Giant Posts $3 Billion in Revenue

On February 12, North of South Capital disclosed in a U.S. Securities and Exchange Commission filing that it sold 1,093,316 shares of Vipshop Holdings Limited (NYSE:VIPS), an estimated $21.04 million transaction based on average fourth-quarter pricing. What happened According to a filing with the U.S. Securities and Exchange Commission dated February 12, North of South Capital LLP sold 1,093,316 shares of Vipshop Holdings Limited during the fourth quarter. The estimated value of the shares sold was $21.0 ...