On the Record · Vipshop Holdings
Vipshop Holdings acquisitions, on the record
The businesses Vipshop Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Shan Shan OutletsWord for word“In July 2019, we entered into a share purchase agreement with Ningbo Xingtong Chuangfu Equity Investment Partnership and Shan Shan Group Co., Ltd., in connection with the acquisition of 100% equity interests in Shan Shan Outlets, a leading player in the offline outlet management industry in China.” 20-F for 2023 | acquisition | July 2019 | — |
LefengWord for word“We believe that the turnover of acquired business of Lefeng in 2013 is less than the applicable threshold and have not sought clearance from the anti-monopoly enforcement agency, but we cannot assure you that the anti-monopoly enforcement agency will not take a view contrary to ours.” 20-F for 2023 | acquisition | in 2013 | — |
Zhengzhou Shan Shan Outlets Shopping Plaza Co., Ltd.Word for word“(v) RMB387.5 million of payment for acquisition of Zhengzhou Shan Shan Outlets Shopping Plaza Co., Ltd.,” 20-F for 2024 | acquisition | — | RMB387.5 million |
Shan Shan Outlets subsidiaries (additional shares from existing shareholders)Word for word“In 2022, 2023 and 2024, we made further investment of RMB553.7 million, nil and RMB512.0 million to acquire additional shares from the existing shareholders of subsidiaries of Shan Shan Outlets.” 20-F for 2024 | acquisition | In 2022, 2023 and 2024 | RMB553.7 million, nil and RMB512.0 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $15.3 million |
| 2017-12-31 | $723,000 |
| 2019-12-31 | $394.9 million |
| 2020-12-31 | $87.3 million |
| 2021-12-31 | $23.4 million |
| 2022-12-31 | $56.2 million |
Read from Vipshop Holdings’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.