Vip Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor

Revenue (GMV)

US$26,811m
2024

Global Rank

27
2024

Conversion Rate

2.0-2.5%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Vip Revenue & Turnover

Vip Annual Revenue & Growth by Year

Vip's annual sales on its online store vip.com amounted to US$26,811m in 2024. This represents a change of <0% from the previous year. Vip's largest online store is expected to see a growth rate of <0% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue (GMV)

US$26,811m
2024

Annual Growth Forecast

<0%
24/25

eCommerce Revenue (GMV in Million US$)

2022
2023
26,811
2024
2025
2026

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Vip Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Vip, revenues in June of 2025 were US$1,668m on its domain vip.com. This marks a change in monthly revenues of <0% from May.

Revenue Current Month (GMV)

US$1,668m
06/25

Growth from Previous Month

<0%
05/25-06/25

Monthly eCommerce Revenue (GMV in Million US$)

02-2025
03-2025
04-2025
05-2025
US$1,668m
06-2025

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Vip Sales by Country & Market Shares

Vip's main market is Greater China, where its main online store, vip.com, generated 100% of revenues in 2024. Vip engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

World Map

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Vip Revenue Split by Product Categories

Vip sales by product category provide a deeper look into its income structure. Vip's most significant category is Fashion, which accounts for 51% of total sales in 2024 at its largest online store, vip.com. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Fashion (51%)

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Vip Marketplace Sales: 1st & 3rd Party GMV

1P vs 3P Revenue/Sales

Vip's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where Vip either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, Vip's' 1P sales contributed 61% to total GMV, while the 3P GMV accounted for 39%.

3P Share

39%
2024

3P Share Forecast

2025

1P/3P Revenue/Sales Split

2021
2022
2023
61%39%
2024
2025
1P Activity
3P Activity

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Vip Top Stores

Vip's flagship domain vip.com generated revenues of US$26,811m in 2024. Forecasts expect a revenue change of <0% in the coming year.

Top Online Stores by Net Sales (in Million US$)

# 1
vip.com
Guangzhou VIP Information Technology Co., Ltd.
2021

2022

2023

2024

2025

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Vip Competitor Analysis & Similar Stores

tmall.com is the closest competitor to Vip's largest online store vip.com, with a similarity score of 99.0% in 2024. shein.tw is another key store with a high similarity score of 98.8%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.

Top Competitors and Similar Stores

vip.com
Main
shein.tw
98.8%

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Vip Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Vip's largest online store vip.com reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 2.0-2.5% in 2024, offering insight into user behavior.

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2.0-2.5%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

Vip Payment, Shipping and Shop Software Provider Landscape

Payment and shipping options have a major impact on customer satisfaction. In the case of Vip, the payment providers WeChat (E-wallets), Credit cards not named (Cards) and Prepaid store card (Cards) are available at its largest online store, vip.com. Shipping providers, on the other hand, vary significantly depending on the market. Overall, vip.com offers Not communicated.

Payment Provider

WeChat (E-wallets)

Shipping Provider

Not communicated

Shop Software

Klarna Logo
American Express Logo
UPS Logo
Shopify Logo

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