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  5. Vipshop Holdings Acquires Shanshan Commercial Group Co.

M&A Deal Summary

Vipshop Holdings Acquires Shanshan Commercial Group Co.

On July 10, 2019, Vipshop Holdings acquired real estate company Shanshan Commercial Group Co.

Acquisition Highlights
  • This is Vipshop Holdings’ 1st transaction in the Real Estate sector.
  • This is Vipshop Holdings’ 1st transaction in China.

M&A Deal Summary
Date 2019-07-10
Target Shanshan Commercial Group Co.
Sector Real Estate
Buyer(s) Vipshop Holdings
Deal Type Add-on Acquisition

Target

Shanshan Commercial Group Co.

Ningbo, China
Shanshan Commercial Group Co. Ltd. currently operates five outlets in Ningbo, Taiyuan, Harbin, Zhengzhou, and Nanchang, with another five outlets in the pipeline.

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Buyer(S) 1

Buyer

Vipshop Holdings

Guangzhou, China
Category Company
Founded 2008
Sector E-Commerce
Employees14,966
Revenue 108.4B CNY (2024)
DESCRIPTION

Vipshop Holdings is an entity that operates as an online discount retailer for various brands. The company operates in two segments, Vip.com and Internet Finance Business. Vipshop Holdings was founded in 2008 and is based in Guangzhou, China.

DEAL STATS #
Overall 1 of 1
Sector: Real Estate M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2019 M&A 1 of 1
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