On November 14th, VIPS. US released its financial report for the third quarter of 2023 this evening. According to the financial report, Vipshop achieved a net revenue of 22.8 billion yuan in the third quarter, a year-on-year increase of 5.3%; Non GAAP's net profit was 1.8 billion yuan, a year-on-year increase of 15.5%. Meanwhile, the GMV in the third quarter was 42.5 billion yuan, a year-on-year increase of 13.1%. In terms of users, in the third quarter, the number of active users on Vipshop platform reached 42.5 million, a year-on-year increase of 3.5%; The number of orders was 179.9 million, a year-on-year increase of 6.9%. As of the press release, Vipshop rose 0.07% to $14.30 per share before trading, with a total market value of $7.747 billion.