Vipshop (VIPS)

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Vipshop (VIPS) Profile

Vipshop is a Chinese company that operates the e-commerce website VIP.com (formerly Vipshop.com), specializing in online discount sales. The company offers popular branded products to consumers throughout China. Vipshop created a third e-commerce model and proven that it can provide tremendous scale and profitability. Vipshop is based out of Guangzhou, Guangdong, China. As of 2017, Vipshop had 52.1 million customers, and there were 269.8 million orders for the year 2016. Following Tmall and JD.com, it is now the third-largest e-commerce site in China. Vipshop took 115th place in the US Fortune magazine in its 217 China 500 listing. The 2017 Top 250 Global Powers of Retailing co-authored by Deloitte and STORES Media listed VIP.com as the world’s fastest-growing retailer. Since its founding in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. The market capitalization of the company is USD 9.28B.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 444

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