Weipinhui is a Chinese online discount retailer for brands.
Business Model:
Revenue: $0
Employees: 5,001-10,000
Address:
City: Guangzhou
State: Guangdong
Zip:
Country: China
Weipinhui (formerly Vipshop) is a Chinese online discount retailer for brands. The company offers quality branded products to consumers throughout China at a significant discount from retail prices. Weipinhui has successfully created and proven that there is a third e-commerce model that can provide tremendous scale and profitability. By providing special offers and large discounts on branded products, the company has pioneered the online discount retail model in China. Weipinhui has approximately 4.9 million cumulative customers and partnerships with over 5,800 domestic and international brands. Weipinhui was founded in August 2008. The company raised $50 million in Series B from DCM and Sequoia Capital after securing 20 million in its Series A. On March 23, the company raised USD 72.64 million through its IPO.
Contact Phone:
Contact Email:
Listed Exchange:
NYSE
IPO Date:
3/23/2012
IPO Valuation:
$657M
Ticker Symbol:
VIPS
IPO Price:
$6.5/share
Amount Raised:
$72M
Opened: -/share
EBITDA | - |
Total Cash | - |
Total Debt | - |
Total Revenue | - |
Total Profit (Gross) | - |
PE Ratio | - |
Announced Date | Company | Transaction | Money Raised |
---|---|---|---|
11/2022 | Rexing | Angel Round | - |
11/2015 | BRANDALLEY | Private Equity Round | - |
3/2015 | Ensogo | Series B | 5M |
7/2014 | Lamabang | Series B | 0 |
4/2018 | Chaolian | Angel Round | 478.1k |
4/2015 | Ensogo | Series D | 27M |
2/2019 | Etailor | Series A | 7.4M |
3/2015 | Lamabang | Series C | 0 |
2/2019 | Etailor | Series A | 0 |
4/2018 | Chaolian | Angel Round | 0 |
11/2015 | BRANDALLEY | Private Equity Round | - |
4/2015 | Ensogo | Series D | 0 |
3/2015 | Lamabang | Series C | 0 |
3/2015 | Ensogo | Series B | 0 |
7/2014 | Lamabang | Series B | 0 |
Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2011 | Series A | 1 | $9.2M |
Sequoia Capital China Sequoia Capital China Sequoia Capital China Sequoia Capital China |
12/2017 | Post-IPO Equity | 2 | $863M |
JD.com Tencent JD.com Tencent JD.com Tencent JD.com Tencent |
11/2010 | Venture Round | 2 | $20M |
DCM Ventures Sequoia Capital DCM Ventures DCM Ventures Sequoia Capital DCM Ventures |
4/2011 | Series B | 2 | $41.2M |
DCM Ventures Sequoia Capital China DCM Ventures Sequoia Capital China |
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Announced Date | Name | Price |
---|---|---|
10/2019 | Shanshan Business Group |
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