Vipshop

Guangzhou Vipshop Information Technology Co., Ltd. is an online discount retailer based in Guangzhou, China, specializing in fashion items such as clothing, bags, shoes, leather goods, accessories, and perfumes. Founded in 2008, Vipshop operates primarily through a consignment model, offering branded products at significant discounts, typically ranging from 10% to 90% off their original prices, via daily flash sales. The company manages its warehousing, retail operations, product procurement, and technology development in-house while relying on third-party logistics providers for distribution and shipping. As of December 31, 2023, Vipshop has established partnerships with over 29,000 global brands, enhancing its product offerings in the competitive Chinese e-commerce market.