Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange (NYSE) on March 23, 2012.

According to the US Fortune magazine, VIP.com ranked the 115th in its 2017 China 500 listing as well as the top 3 B2C e-commerce retailer.

VIP.com has become the world’s largest flash sale platform as well as the third-largest online retailer in China.

With one year’s development, “VIP Expense”, a consumer finance product, had attracted 5 million new users.

[citation needed] In 2016, the average monthly new user growth of “VIP Expense” stood above 30%.