Vip.Com Adjusts The Ratio Between ADS And Common Stock

Yesterday announced that the company will adjust the ratio of depositary share (ADS) and common stock, from the previous ADS per share to 2 ordinary shares to 5 shares of ADS representing 1 common stocks.

The adjustment will take effect in November 3, 2014.

For closing at the end of October 31, 2014

Vip.com ADS shareholders, per share

9 additional ADS will be obtained.

The ADS ratio adjustment does not require ADS holders to take any action to achieve the change.

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For WAL-MART, is shop 1 more Explorer or experimenter who touches Chinese consumers through the Internet, or is it a real part of its future O2O strategy? Will WAL-MART launch its own War-mart com business platform in China?

When Raymond Bracy, WAL-MART's senior vice president of corporate affairs in China, talked about this year's "98 China Fair", China will surely become the biggest market for WAL-MART in addition to the largest market outside the United States, and may rival the United States. WAL-MART is facing huge challenges from Alibaba, Jingdong and other Chinese local electricity providers.

Data from the second quarter of 2014 show that Alibaba controls more than half of China's B2C market, compared with 1 of WAL-MART's two year old e-commerce platform, which accounted for 1.4% of the market share.

At the same time, due to the strong attack from suning.com and Gome online, by the end of this year, the ranking of the 1 online trading share is likely to continue to change.

All of these are putting great pressure on the world's largest offline retailer. WAL-MART can't find the effective way to control costs and gain profits in the era of e-commerce.

In addition to Amazon in the US market, in the Chinese market, WAL-MART's acquisition of e-commerce platform is also facing all kinds of adverse rumors.

A typical problem is that although WAL-MART holds 1 shop, what is the relationship between WAL-MART and shop 1? Is it only a strategic investment level, or will it take advantage of its supply chain advantages and global bargaining power to continuously share resources with shop No. 1, and ultimately achieve synergy value? For WAL-MART, is 1 shop more Explorer or experimenter who touches Chinese consumers through the Internet, or a real part of its future O2O strategy? Will WAL-MART launch its own War-mart.com e-commerce platform in China? There seems to be a lot of variables.