Vipshop Information Technology Co., Ltd. was established in August 2008, headquartered in Guangzhou, Guangdong Province, China, and its website was launched on February 8, 2008. Vipshop is a platform for online sales of brand discount products on the Internet, covering many categories, such as famous clothing, shoes and bags, beauty cosmetics, mother and baby, home and so on.
20 17, 12, 18 On June 8th, Tencent Holdings and JD.COM Group invested about USD 863 million in Vipshop in cash. 20 19 During the period from February 27th to March 6th, Tencent subsidiary increased its holdings of Vipshop, and in February of the same year, Tencent increased its holdings of Vipshop by 6,472,800 ADSs.