Scalper1 News
Chinese e-commerce company Vipshop (VIPS) late Monday posted Q4 earnings that more than tripled vs. the year-earlier quarter, as the company gained shoppers despite a crowded online retail field that includes Alibaba’s Tmall. Earnings per share minus items jumped to 49 cents from 16 cents, where Wall Street had been expecting 41 cents, according to analysts polled by Thomson Reuters. Sales at Guangzhou, China-based Vipshop climbed 117% to $651 Scalper1 News
Scalper1 News