Vip.Com'S Voice And Voice Denied That The Growth Of Business Performance Is Slowing

In China, the concept of luxury electric business is hot, but empty concept has no experience and no basic commodity supply capability. Vip.com is forced to pform the same flashy concept of flash buying mode, and focuses on low-end brand products, especially sports products.

After the rapid expansion of the Chinese sporting goods market, which has just experienced the Beijing Olympic Games, the serious situation of stock hoarding can be described by the terrorist situation. The largest sporting goods manufacturer, Nike inc. inc., once stopped supplying new products to the Chinese market. Vip.com was just dumping the stock to help Nike, Adidas Adidas, and China brand Li-Ning Lining and so on. Therefore, vip.com's turnover kept a three digit growth for a long time. However, from the beginning of this year, the revenue of vip.com began to fall below double digits. In the first quarter, the 77.6% and three quarters of the 100% and two quarters were lower to 62.7%, and the four quarter was expected to further decline to 43%-49%, much lower than the 59% expected by the market.

In addition to the slowdown in China's overall business growth, vip.com's economic slowdown, weak consumption and intensified market competition are also the incentives behind it. In addition, it is noteworthy that the sports industry that relied on vip.com to dump its stock is facing the best environment in the past 20 years. Chinese consumers are accelerating Sports consumption under the lead of running lifestyle. In other apparel industries, the acceleration of sports industry and the two major industries of underwear can be accelerated. Besides, the sports industry has also been committed to actively build its own e-commerce platform, and Tmall, Jingdong and other mainstream e-commerce platforms with huge flow and consumers, including agents and distributors at all levels of the brand.

In response to Tencent technology channel's article on vip.com's alleged sale, vip.com subsequently issued a statement denying it.

Vip.com said the company did not cooperate with the dawn watch industry that reported the sale of counterfeit Swiss watches. However, Tencent reported that vip.com had no brand authorization for most of its products. Vip.com said that all the products sold by its website were "licensed authentic brand of regular channels", and the empowerment was displayed on the website.

The statement also refers to the fact that the report failed to verify the facts of vip.com, serious misconduct and infringed the legitimate rights and interests of vip.com, and initiated a legal procedure.

In response to vip.com's statement, the Tencent network has not responded to the press release, but Tencent's previous report on the end of vip.com's genuine Myth: the sale of counterfeit luxury goods has not been updated on vip.com's statement.

If the alleged fraud is the only way for the Chinese stock market to take place in the international market, then the explosion of selling and selling is the heartbreaking pain of Chinese electric providers. While the Chinese discount electricity supplier group vip.com can easily pass through the former and create the "general mental unit", vip.com is experiencing the latter while encountering it.

This is a major blow to the fourth biggest market capitalization companies.

On Wednesday, November 25th, the Tencent website's science and technology channel released an investigation report, which reported that a sales agent selling fake products named "dawn watch" had vip.com.

The report also said that the law enforcement agency also found that the dawn watch industry commissioned Chinese manufacturers to produce fake watches and related gem identification certificates, and watches and jewellery identification certificates.

Besides vip.com, the shopping channel such as shopping center and so on is also the sales channel of the dawn watch industry.

Tencent technology has released another investigation report on the sale of electricity in the end of July 2014. In 2014, the main character of the suspected sale was the Jumei International Holding Ltd. (Nasdaq:JMEI), which was also listed in the US.

Jumei.com and vip.com are directly competing with Tencent's Jingdong Tencent Holdings Ltd. (HK:0700)

In Tencent science and technology today, called "

In the report on the sale of counterfeit luxury goods, it also said that there were special QQ groups specifically targeted at vip.com's sale of fake products. The website survey found that a group of 200 QQ users entitled vip.com fake rights protection range includes all vip.com's main categories, including clothing, beauty, watches, parentage, home and so on. It also means that vip.com has refused to provide the rights holders with the right of trade secrets to display the brand authorization.

In fact, in April of this year, jumei.com and vip.com launched a war of words on the social media because of the licensing issue of the brand. Jumei.com said that vip.com had plagiarized jumei.com copywriters, suspected of selling fake goods and sold illegal products to Korea's cosmetics brand, which was the sole agent of the Chinese market. Before the attack, the lefeng.com holding bee's network, which was held by the company, was just caught in the vortex of public opinion on suspicion of selling fake goods.

After presenting the brand authorization book in jumei.com, the public opinion turned against the vip.com side. However, the two parties did not seem to have taken any action at the end of the "litigation procedure".

Outside the crisis, the hedge fund industry is wobbling at vip.com, which has always been optimistic. Although Chase Coleman's Tiger Global Management tiger Global Fund doubled its holdings of vip.com to 49 million 500 thousand shares in October, George Soros's Soros Fund Management LLC Soros fund management company also increased vip.com's share of about 1/4 to 5 million 900 thousand shares, but before that, other hedge funds had accumulated about 17% of vip.com shares, about 100 million shares, and were among the most frequently reduced electricity providers in the three quarter.

The share price of Vipshop Holdings Ltd. (NYSE:VIPS) vip.com has fallen by about 15% so far this year. Just 13 days, it was 30% down from the day before the launch, but rebounded sharply last week.

It may be realized that the slow down of its own business is the main factor of a series of crises. Vip.com is also beginning to take M & a gradually. In addition to the acquisition of Le bee network at the beginning of last year, vip.com has recently made a stake in the French flash buying Showroompriv.Com SPR Groupe (SPR.PA) and the British fashion sale BrandAlley BrandAlley, which is listed as the cornerstone investor and has a stake of 30 million euros.

On Tuesday, vip.com's stock price closed at $16.71, or 0.95%.