There is nothing VIPS can do that DANG can't replicate. DANG has 2 million more active users
The websites are nearly identical with DANG having a much larger variety of products such as personal care products and books, clothing etc. People are assuming DANG will not close the gap. If it can and it will DANG will march up fast in the coming years. BUY here on the cheap. Remember you could have bought VIPS in the single digits less than a year and half ago. I'm holding for 5 years. I last added in the 9's and have purchases from as low $3.80. This is one you can add on weakness. DANG wont go bankrupt with 200 mil in cash and ZERO DEBT and is now PROFITABLE. DANG is a much better value than VIPS. which could have a hiccup at any point and the stock could drop 40%.
I am a shareholder and I frequent DANG's website and the websites of nearly all of their competitors. DANG's customer satisfaction rating is higher than VIPS. DANG has 21 fulfillment centers in place. More than VIPS. DANG has matched VIPS in advertisments and discounts for luxury clothing brands. This will be reflected in DANGS share price in the coming quarters and we will be heading much higher from the low teens.
I am not a customer, however, I have researched Dang's performance in the Chinese market and they have received very high customer satisfaction rankings and have the fastest delivery among the e-tailers. In addtion they have a lowest price guarantee and as gravity has said they offer a much larger variety of products. It is somewhat perplexing to me that with 2 million more registered users than VIPS that there is such a difference in share price between the two. I have raised the question before as to why that is. I know VIPS had a remarkable quarter, but Dang has turned things around and is putting the infrastructure in place to have the same growth. I do not believe it will take so long to close the gap.