Summit Partners Says Weakness In Vipshop Holdings 'creates buying opportunity', Maintains Buy Ratings & $35 PT - Vipshop Holdings (NYSE:VIPS)

27% profit every 20 days?

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Summit calls the company 'a key holding to get exposure to China's eCommerce growth.' Summit's Henry Guo also highlights the companies domination in the Chinese market saying ' We don't believe the growth deceleration is due to competition or market share loss - there might be some flash sales competitors in the China B2C space, but we believe Vipshop is the dominant player in the China discount retailing market, a space where we don't see any meaningful competitors can really match Vipshop's merchandising capability and large scale.'

27% profit every 20 days?

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