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China's Discount Retailer Vipshop Achieves Revenue Of CNY 27.5 Billion In Q1 2023

Vipshop Holdings Limited, headquartered in Guangzhou, recently released its first 2023 quarterly report. In Q1 2023, the company achieved revenue of CNY 27.5 billion ($3.88 billion), up 9.1% year-over-year and above market expectations.
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