Vipshop Q4 adjusted earnings per ADS were 5.66 yuan, compared to 5.70 yuan in the same period last year, and market expectations of 5.43 yuan.

The number of active users in the fourth fiscal quarter was 45.3 million, a year-on-year decrease of 0.9%, with the market estimate at 46.08 million. Net revenue for the fourth fiscal quarter was RMB 32.47 billion, a year-on-year decrease of 2.3%, with the market estimate at RMB 33.49 billion. Net revenue for the first fiscal quarter is expected to be between RMB 26.3 billion and RMB 27.6 billion, with the market estimate at RMB 26.83 billion.