Vipshop Holdings, the Guangzhou, China-based flash-sales apparel retailer, is expected to keep riding a growth tailwind when it posts second-quarter earnings after the close Wednesday. The consensus estimate of 22 analysts polled by Thomson Reuters is for Vipshop (VIPS) to report earnings of 64 cents a share excluding options expenses, up 220% from 20 cents in the year-earlier quarter, on revenue of $791.55 million, up 125%. Analysts expect
Alibaba Group, by far the No. 1 e-commerce firm in China, is expected as soon as the end of this month to make one of the biggest U.S. IPOs ever, but it will just add to an already sizable list of Chinese e-commerce companies trading in the U.S. By IBD Composite Rating (CR), the top China e-commerce firms are E-Commerce China Dangdang (DANG), JD.com (JD), Jumei International Holding (JMEI), Vipshop Holdings (VIPS) and 58.com (WUBA). Two of the
Vipshop Holdings (VIPS) and Facebook (FB) are among 5 highly-rated tech stocks on the IBD 50 list that are projected to post the biggest earnings gains this reporting season. Vipshop leads the IBD 50 tech list. The Chinese online discount retailer started out offering branded clothing at bargain prices. But it’s expanded rapidly using the “flash sales” model, where a fixed quantity of a good becomes available for sale for a limited period of time.