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Tag: VIPS

  • Vipshop Holdings Limited (VIPS) stock is down in the Pre-market; here is why?

    Vipshop Holdings Limited (VIPS) declined in the pre-market after announcing its unaudited fourth quarter and fiscal 2021 results. VIPS values at $8.97, losing more than 9% compared to yesterday’s closing price. The stock closed at $9.84 at the end of the last trading session. The stock volume traded in the last trading session was around 6.63 million shares. The current market cap of the company is around $6.66 billion.

    VIPS: Q4 and Fiscal 2021 Key Financials

    • Vipshop Holdings Limited’s revenue in Q4 2021 was RMB34.1 billion, slightly lower than compared to the revenue of RMB35.8 Q4 in 2020.
    • Fiscal year revenue was RMB117.1 billion, and it is an increase of more than 14.9% compared to the revenue of RMB101.9 billion in fiscal 2020.
    • Q4 2021 GMV was around RMB57 billion. GMV for fiscal 2021 was approximately RMB191.5 billion gaining more than 16% YoY.
    • The company’s net income in Q4 2021 was around RMB1.4 billion. The net income in Q4 2020 was RMB2.4 billion.
    • VIPS net income in fiscal 2021 was around RMB4.7 billion, less than compared to the net income of RMB5.9 billion in fiscal 2020.
    • The Q4 2021 diluted earnings per share were RMB2.07.
    • For fiscal 2021, diluted earnings per share were RMB6.75.

    VIPS CEO’s Remarks

    Despite a slow fourth quarter under harsh conditions, VIPS CEO Eric Shen is pleased with the overall performance in 2021. Active customers increased 13% to 93.9 million. To achieve quality and long-term growth, they will build brand partnerships, improve customer acquisition efficiency, and increase consumer loyalty.

    VIPS 2022 Outlook

    Total net revenue is expected to be between RMB27.0 billion and RMB28.0 billion in the first quarter of 2022. It’s a year-over-year drop rate ranging from 5% to 0%.

    Conclusion

    The stock of the company is down despite the solid financial statement. Pre-market is a volatile trading session as most traders prefer to trade in the regular trading session. The stock might gain value as the new trading session starts today.

  • Vipshop Holdings Limited (VIPS) stock plunged in the current market trading session: here’s why

    Vipshop Holdings Limited (VIPS) stock plunged in the current market trading session: here’s why

    VIPS stock is currently being traded at $29.82 which is a 4.33% downward movement. The stock previously closed at $31.19.

    What is behind the block trade?

    The recent negative pattern of the stock-movement is due to the sell-off behavior of US-listed shareholding in Chinese technology companies. Traders have braced themselves for volatility in the US-equities market following the $20 billion worth of trades blocked on Friday. This has really shaken investor’s comfort in investing in the Chinese tech stock as SEC has threatened the delisting of such firms from American exchanges.

    The fear and speculation for de-listing of companies started stirring around 24th March after US Securities and Exchange Commission adopted a law that was passed by former President Trump called the Holding Foreign Companies Accountable Act. The law also requires the Chinese companies to present the names of each Board member who is a member of the Chinese Communist Party.

    Stock dump and initial block trade

    The stock dump has come from Archegos Capital Management LLC which consists of the family office of Bill Hwang. They dumped shares of not only Chinese tech firms but also US media conglomerates. It has been reported that the initial block trades have come from Goldman Sachs as well as Morgan Stanley. However, majority of those block trades have been rebounded apart from ViacomCBSinc and Discovery Inc.

    Stanley sold a large block of 45 million shares of ViacomCBS on Sunday. Similarly, Goldman Sachs sold the shares of Vipshop Holdings Ltd, ViacomCBSInc, IQiyiinc, Baidu, and Tencent Music Entertainment Group for a total worth of $10.5 billion.

    Significant observation and investment behavior adopted now by investors

    One main observation is being made around by analysts and portfolio fund managers that they are not sure if additional block trades will take place but the fear still looms over the market over its speculation. However, they are assuring readers and investors that none of the sell-downs are related to the fundamentals, performance, and outlook of the Chinese tech companies.

    The fear and speculation of a block trade is stacking up with the traditional end-of-quarter volatility that causes sharp swings on stocks while triggering selling sentiment from other funds. However, a strategy is being implied by investors where they realize that the fundamentals of these companies are essentially the same, while this de-listing is an exaggeration that will dim down in the future. Meanwhile, that happens these Tech stocks are undervalued as their stock price keeps dropping which makes them a buying option for some long-term investors.

  • 20 Stocks In Internet Retail Industry To Buy In October 2020

    20 Stocks In Internet Retail Industry To Buy In October 2020

    In today’s world, the best way to capture customers’ attention is to fulfill their needs and provide them frictionless experience. The online retail industry is flourishing continuously because now the shoppers have adopted the convenience of shopping online. Increasing trends of online shopping give the internet retail industry a hope. In the US, online retail sales are projected to grow by 18% in 2020.

    New advanced technologies have also provided the shops a way to learn about the preferences of shoppers. Augmented Reality is the major game-changer in the internet retail industry as it changed the whole concept of shopping. AR has closed the gap of ambiguity and helps retailers to provide necessary information of shoppers to improve their experience.

    Here are the 20 leading companies in the online retail industry which are also following new trends to increase the growth of their business:

    Jumia Technologies AG (NYSE:JMIA)

    Jumia Technologies AG (NYSE: JMIA) shares were trading up 4.13% at $12.87 at the time of writing on Wednesday. Jumia Technologies AG (NYSE: JMIA) share price went from a low point around $2.15 to briefly over $23.90 in the past 52 weeks, though shares have since pulled back to $12.87. JMIA market cap has remained high, hitting $1.02B at the time of writing, giving it a price-to-sales ratio of more than 5.

    Jumia Technologies AG (JMIA) has earlier launched the ‘Food Festival Campaign’. This new campaign will be scheduled to take place from the 1st to the 31st of October 2020. If we look at the recent analyst rating JMIA, Stifel downgraded coverage on JMIA shares with a Hold rating and a $12.54 price target, which implies room for -0.33% downside momentum this year.

    Alibaba Group Holding Limited (NYSE: BABA)

    Alibaba Group Holding Limited (NYSE: BABA) last closed at $301.04, in a 52-week range of $168.12 to $310.01. Analysts have a consensus price target of $314.57. Alibaba Group Holding Limited (BABA) has earlier announced that it has decided to buy a stake of up to 9.99% in Swiss duty-free Dufry. Alibaba and Dufry both have decided to collaborate to search for new opportunities in China. This company market capitalization has remained high, hitting $816.68 billion at the time of writing.

    eBay Inc. (NASDAQ: EBAY)

    eBay Inc. (NASDAQ: EBAY) fall -1.96% after losing more than -$1.13 on Wednesday. eBay Inc. (EBAY) disclosed the expansion of its Authenticity Guarantee service for sneaker sales on the platform. Through this program, all new and pre-owned collectible sneakers sold on eBay for over $100 in the U.S. will be fully vetted and verified by an independent team of industry experts.

    Amazon.com Inc. (NASDAQ: AMZN)

    Amazon.com Inc. (NASDAQ: AMZN) last closed at $3363.71, in a 52-week range of $1626.03 to $3552.25. Analysts have a consensus price target of $3726.61. Amazon.com Inc. (AMZN)  has reportedly made a deal with the National Football League to stream a wild-card playoff game this season. The information related to the team was not disclosed yet but the expectations are higher this time.

    Qurate Retail Inc. (NASDAQ: QRTEA)

    Qurate Retail Inc. (NASDAQ: QRTEA) fall -2.05% after losing more than -$0.16 on Wednesday. Qurate Retail Inc. (QRTEA) announced that it will be scheduled to discuss the results for the third quarter of 2020 on Thursday, November 5th. After the closing of the market on Wednesday, November 4th the company will post its 2020 results of quarter three.

    Etsy Inc. (NASDAQ: ETSY)

    Etsy Inc. (NASDAQ: ETSY) last closed at $149.97, in a 52-week range of $29.95 to $154.73. Analysts have a consensus price target of $153.12. Etsy Inc. (ETSY) has disclosed earlier that it is scheduled to announce the Third quarter 2020 financial results on October 28, 2020. Etsy will also host a conference call to discuss the results. If we look at its liquidity, it has a current ratio of 4.30.

    Overstock.com Inc. (NASDAQ: OSTK)

    Overstock.com Inc. (NASDAQ: OSTK) shares headed falling, lower as much as -4.13%. The most recent rating by Wedbush, on September 16, 2020, is at an Outperform. Overstock.com Inc. (OSTK) has announced that it will offer its customers 36 hours of massive markdowns on more than one million top-rated products. With an ongoing commitment to quality and value, Customer Day celebrates Overstock shoppers offering consumers 70% off on thousands of home furnishings and home improvement items.

    Wayfair Inc. (NYSE: W)

    Wayfair Inc. (NYSE: W) last closed at $293.88, in a 52-week range of $21.70 to $349.08. Analysts have a consensus price target of $309.60. Wayfair Inc. (W) has announced the schedule for the financial results of its third quarter. It is scheduled to announce the financial results of the third quarter ended on September 30, 2020.  It will also hold a conference call to review the result on November 9.

    Fiverr International Ltd. (NYSE: FVRR)

    Fiverr International Ltd. (NYSE: FVRR) shares headed falling, lower as much as -0.93%. The most recent rating by MKM Partners, on August 27, 2020, is at a Neutral. Fiverr International Ltd. (FVRR) disclosed the pricing of $400 million aggregate principal amount of 0% Convertible Senior Notes due 2025 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

    Carvana Co. (NYSE: CVNA)

    Carvana Co. (NYSE: CVNA) last closed at $213.22, in a 52-week range of $22.16 to $242.15. Analysts have a consensus price target of $215.19. Carvana Co. (CVNA) will report its third-quarter 2020 financial results for the period ended September 30, 2020, following the close of the market on Thursday, October 29, 2020. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT).

    Baozun Inc. (NASDAQ: BZUN)

    Baozun Inc. (NASDAQ: BZUN) stock drop by -2.51% to $34.94. The most recent rating by Credit Suisse, on June 03, 2020, is at an Outperform. Scott+Scott Attorneys at Law LLP, an international shareholder, and consumer rights litigation firm, is investigating whether Baozun Inc. or certain of its officers and directors violated federal securities laws

    JD.com Inc. (NASDAQ: JD)

    JD.com Inc. (NASDAQ: JD) stock drop by -1.83% to $81.10. The most recent rating by Barclays, on August 24, 2020, is at an Overweight. JD.com Inc. (JD) share price went from a low point around $29.74 to briefly over $86.58 in the past 52 weeks, though shares have since pulled back to $81.10. JD market cap has remained high, hitting $125.19 billion at the time of writing.

    Vipshop Holdings Limited (NYSE: VIPS)

    Vipshop Holdings Limited (NYSE: VIPS) shares headed falling, lower as much as -3.32%. The most recent rating by Morgan Stanley, on September 28, 2020, is at an Underweight. Vipshop Holdings Limited (VIPS) shares have changed between the 52-weeks low and high range of $9.03 and $24.46, respectively. It has moved up 90.03% from its 52-weeks low and moved down -29.84% from its 52-weeks high. This company market capitalization has remained high, hitting $11.34 billion.

    Pinduoduo Inc. (NASDAQ: PDD)

    Pinduoduo Inc. (NASDAQ: PDD) stock drop by -2.35% to $82.66. The most recent rating by Barclays, on August 24, 2020, is at an Equal-weight. Pinduoduo Inc. (PDD) share price went from a low point around $30.20 to briefly over $98.96 in the past 52 weeks, though shares have since pulled back to $82.66. PDD market cap has remained high, hitting $91.37 Billion at the time of writing.

    Farfetch Limited (NYSE: FTCH)

    Farfetch Limited (NYSE: FTCH) shares headed rising, higher as much as 0.86%. The most recent rating by Bernstein, on September 08, 2020, is at an Mkt perform. Farfetch Limited (FTCH) shares have fluctuated between the 52-weeks low and high range of $5.99 and $31.88, respectively. It has moved up 350.25% from its 52-weeks low and moved down -15.40% from its 52-weeks high. This company market capitalization has remained high, hitting $9.19 billion.

    Chewy Inc. (NYSE: CHWY)

    Chewy Inc. (NYSE: CHWY) stock drop by -4.10% to $64.12. The most recent rating by RBC Capital Mkts, on September 11, 2020, is at an Outperform. Chewy Inc. (CHWY) share price went from a low point around $20.62 to briefly over $74.84 in the past 52 weeks, though shares have since pulled back to $62.71. CHWY market cap has remained high, hitting $25.15 Billion at the time of writing.

    Dada Nexus Limited (NASDAQ: DADA)

    Dada Nexus Limited (NASDAQ: DADA) fall -3.82% after losing more than -$1.3 on Wednesday. Dada Nexus Limited (DADA) shares have fluctuated between the 52-weeks low and high range of $14.60 and $36.14, respectively. It has moved up 127.54% from its 52-weeks low and moved down -8.07% from its 52-weeks high. This company market capitalization has remained high, hitting $6.72 billion.

    CarParts.com Inc. (NASDAQ: PRTS)

    CarParts.com Inc. (NASDAQ: PRTS) stock drop by -4.88% to $12.67. The most recent rating by ROTH Capital, on September 09, 2020, is at a Buy. CarParts.com Inc. (PRTS) share price went from a low point around $1.04 to briefly over $16.44 in the past 52 weeks, though shares have since pulled back to $12.57. PRTS market cap has remained high, hitting $598.91 Million at the time of writing.

    Revolve Group Inc. (NYSE: RVLV)

    Revolve Group Inc. (NYSE: RVLV) rose 0.16% after gaining more than $0.03 on Wednesday. Revolve Group Inc. (RVLV) shares have fluctuated between the 52-weeks low and high range of $7.17 and $24.41, respectively. It has moved up 152.58% from its 52-weeks low and moved down -25.81% from its 52-weeks high. This company market capitalization has remained high, hitting $1.31 billion.

    MercadoLibre Inc. (NASDAQ:MELI)

    MercadoLibre Inc. (NASDAQ: MELI) shares headed falling, lower as much as -2.40%. The most recent rating by Jefferies, on September 28, 2020, is at a Buy. MercadoLibre Inc. (MELI) total market capitalization has remained high, hitting $59.54 billion.