Wednesday, September 04, 2013 8:58:53 AM
Interesting article. Here's a snippet. Go to the link above since they have numbers that can't be posted in a nice format here:
The Chinese eCommerce industry is one of the largest growing market sectors in the world today. A report by Bain & Company states that they expect China's eCommerce market will hit $539 billion in 2015. In 2012 that number was $212 billion compared to the US eCommerce market of $229 billion so not only is the Chinese eCommerce industry projected to more than double in three years, it will easily surpass the United States as the country with the largest online shopping market in the world. For anyone interested in growth stocks, it is clear they would want to look at the major players with their largest exposure in Chinese eCommerce.
Four companies trading on US and Canadian markets that are involved primarily in eCommerce in China are Vipshop Holdings Limited (VIPS), E-Commerce China Dangdang Inc. (DANG), Fireswirl Technologies Inc. (FSW.V) and LightInTheBox Holding Co., Ltd. (LITB). All four companies have strong revenue growth and with the exception of LITB, all of their stock prices have performed well for 2013. They have recently pulled back from their 52-week highs after what some investors view as disappointing growth in their Q2 reports or 2013 outlooks, but when viewing their revenue growth numbers and key financial ratios like price to sales there is a strong case to be made that their pullbacks represent a great buying opportunity. A summary of each company's recent financial performance can be seen below.
Recent VIPS News
- Vipshop Filed 2023 Annual Report on Form 20-F • PR Newswire (US) • 04/19/2024 03:06:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 02:41:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/28/2024 12:59:58 PM
- Vipshop Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results • PR Newswire (US) • 02/28/2024 10:00:00 AM
- Vipshop to Announce Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024 • PR Newswire (US) • 02/20/2024 10:00:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/08/2024 09:06:59 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/08/2024 09:05:27 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/05/2024 08:52:56 PM
- Vipshop Releases the Carbon Reduction Goals and Action Report • PR Newswire (US) • 01/24/2024 12:00:00 PM
- Vipshop Reports Unaudited Third Quarter 2023 Financial Results • PR Newswire (US) • 11/14/2023 10:00:00 AM
- Vipshop Showcases "Online Outlet" Pavilion at CIIE, Releasing Its Global Buyer Manifesto • PR Newswire (US) • 11/10/2023 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/09/2023 12:00:56 PM
- Vipshop Holdings Limited to Hold Annual General Meeting on December 7, 2023 • PR Newswire (US) • 11/09/2023 10:00:00 AM
- Vipshop to Announce Third Quarter 2023 Financial Results on November 14, 2023 • PR Newswire (US) • 11/07/2023 10:00:00 AM
- Vipshop's MSCI ESG Rating Upgraded to AA, Recognized for its Sustainable Development Capabilities • PR Newswire (US) • 10/25/2023 12:00:00 PM
- Vipshop Teams Up with TNC to Pursue Sustainable Ecological Conservation Strategies • PR Newswire (US) • 08/30/2023 12:00:00 PM
- Vipshop Releases 2022 Environmental, Social and Governance(ESG)Report • PR Newswire (US) • 08/28/2023 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/18/2023 01:08:25 PM
- Vipshop Reports Unaudited Second Quarter 2023 Financial Results • PR Newswire (US) • 08/18/2023 09:00:00 AM
- Vipshop to Announce Second Quarter 2023 Financial Results on August 18, 2023 • PR Newswire (US) • 08/07/2023 09:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/30/2023 08:01:56 PM
- Vipshop enhances support for employee self-development • PR Newswire (US) • 06/07/2023 12:00:00 PM
- Vipshop Reports Unaudited First Quarter 2023 Financial Results • PR Newswire (US) • 05/23/2023 09:00:00 AM
- Vipshop to Announce First Quarter 2023 Financial Results on May 23, 2023 • PR Newswire (US) • 05/15/2023 09:00:00 AM
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