Vipshop's (VIPS.US) Q1 revenue decreased by 4.7% year-on-year, with GMV reaching 52.38 billion yuan.

According to the Zhixun Financial APP, Vipshop Holdings (VIPS.US) has released its first quarter financial report for 2025. The report shows that Vipshop's Q1 revenue was 26.3 billion yuan, a decrease of 4.7% year-on-year; non-GAAP net profit attributable to company shareholders was 2.3 billion yuan, compared to 2.6 billion yuan in the same period last year; adjusted earnings per ADS were 4.43 yuan, compared to 4.66 yuan in the same period last year.