Vipshop: A Discount Retailer At A Discount Price

Robert Way Vipshop (NYSE:VIPS) is a leading specialty online discount retailer in China. According to the company’s website, VIPS “offers high quality and popular branded products to consumers throughout China at a significant discount from retail prices. By providing special offers and deep discounts on branded products, the Company has pioneered the online discount retail model in China and become the expert and leader trusted by its customers and brand partners alike.” Although China’s e-commerce mar ...