Vipshop Holdings (VIPS) Solid Growth Path
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For the fourth quarter 2014, VIPS posted total net revenue of $1.36 billion, a 108.9% increase year over year, and non-GAAP net income attributable to VIPS' shareholders of $73.4 million, or $0.12 per diluted ADS, compared to non-GAAP net income of $28.8 million, or $0.05 per diluted ADS, in the same period the prior year.
VIPS' total net revenues increased by 122.4% year over year for the full year 2014 to $3.77 billion, primarily driven by growth in the number of new active customers, total active customers, total orders, as well as the increasing revenue contribution from the mobile platform
According to its business outlook, VIPS expects total net revenue to be between $1.25 billion and $1.30 billion for the first quarter 2015, representing a year-over-year growth rate of approximately 78% to 85%.
VIPS stock surged slightly $0.36 (or +1.68%) to $21.80 per share in the last trading session.
VIPS is China's leading online discount retailer for brands.
More about Vipshop Holdings Ltd (VIPS) at www.vip.com
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Campus Crest Communities, Inc. (CCG) said that its Board of Directors authorized the Company to explore a broad range of strategic, operational and financial alternatives to further enhance shareholder value.
According to CCG, it has recently received multiple (unsolicited) inquiries from a number of qualified parties that expressed interest in discussing a potential transaction with the company.
CCG noted that there can be no assurance that the exploration process will result in the Company pursuing a particular transaction or completing any such transaction.
Shares of CCG closed at $7.01, down $0.08 (or -1.13%) on Friday's market activity.
CCG is a leading owner and manager of high-quality student housing properties located close to college campuses in targeted markets.
More about Campus Crest Communities, Inc. (CCG) at www.campuscrest.com
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Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Antioch, CA ( www.antioch.crwe-pr.com ) into the CRWE Network.
Antioch, known as the Gateway to the Delta, is located on the banks of the San Joaquin River in Northern California. Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.
The City of Antioch had an estimated population in 2013 (U.S. Census Bureau) of 107,100, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s division CRWE Tube ( www.crwetube.com ) is expected to be integrated in all the CRWE Network
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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