Key Developments: Vipshop Holdings Ltd (VIPS.N)
34.01USD
22 May 2013
$-2.55 (-6.97%)
$36.56
$36.32
$36.50
$33.60
110,856
99,429
$38.46
$4.36
Latest Key Developments (Source: Significant Developments)
CORRECTION - Vipshop Holdings Ltd Issues Q2 2013 Revenue Guidance Above Analysts' Estimates
CORRECTED TO READ - "Above Analysts' Estimates"... INSTEAD OF... "Below Analysts' Estimates"... IN THE HEADLINE. Vipshop Holdings Ltd announced that for the second quarter of 2013, the Company expects its net revenues to be between $330-$335 million, representing a year-over-year growth rate of approximately 144% to 148%. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $321 million for the second quarter of 2013. Full Article
Vipshop Holdings Ltd Announces Pricing Of Follow-On Public Offering
Vipshop Holdings Ltd announced that the follow-on public offering of an aggregate of 7,200,000 American depositary shares (ADSs) by the Company and certain selling shareholders was priced at USD24.00 per ADS. 4,000,000 ADSs are being offered by the Company and an aggregate of 3,200,000 ADSs are being offered by the selling shareholders. Each ADS represents two ordinary shares of the Company. In connection with this offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an aggregate of 1,080,000 additional ADSs from them at the public offering price. The gross proceeds to the Company will be approximately USD96 million. Vipshop will not receive any proceeds from the sale of the ADSs by the selling shareholders. Goldman Sachs (Asia) L.L.C., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC acted as joint bookrunners, and Piper Jaffray & Co., Oppenheimer & Co. Inc. and China Renaissance Securities (Hong Kong) Limited acted as co-managers for the offering. Full Article
Vipshop Holdings Ltd Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates
Vipshop Holdings Ltd announced that for the first quarter of 2013, it expects its net revenues to be between USD265 million and USD270 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of USD211 million for the first quarter of 2013. Full Article
Vipshop Holdings Ltd Issues Q4, FY 2012 Revenue Guidance Above Analysts' Estimates
Vipshop Holdings Ltd announced that for the fourth quarter of 2012, it expects net revenues to be between $235 million and $240 million. For fiscal 2012, it expects net revenues to be between $627 million and $632 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $202 million for the fourth quarter of 2012; revenues of $592 million for fiscal 2012. Full Article
Vipshop Holdings Ltd Issues Q3 2012 Revenue Guidance Below Analysts' Estimates
Vipshop Holdings Ltd announced that for the third quarter of 2012, the Company expects its net revenues to be between USD145 million and USD150 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of USD154 million the third quarter of 2012. Full Article
Vipshop Holdings Ltd Issues Q2 2012 Revenue Guidance
Vipshop Holdings Ltd announced that for second quarter of 2012, the Company expects its net revenues to be between $120 million and $125 million, representing a year-over-year growth rate of approximately 196% to 208%. Full Article
Vipshop Holdings Ltd Announces Pricing Of Initial Public Offering
Vipshop Holdings Ltd announced that it has priced its initial public offering of 11,004,600 American depositary shares ('ADSs'), with each ADS representing two ordinary shares of the Company, at USD6.50 per ADS, with a total offering size of approximately USD71.5 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on March 23, 2012 under the symbol 'VIPS'. The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an additional 1,650,600 ADSs at the initial public offering price, less the underwriting discounts. Goldman Sachs (Asia) LLC ("Goldman Sachs") and Deutsche Bank Securities Inc. ("Deutsche Bank") acted as joint bookrunners and Piper Jaffray & Co. and Oppenheimer & Co. Inc. acted as co-managers for the offering. Full Article
Earnings vs. 
Estimates
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