Vipshop Holdings Limited provided earnings guidance for the second quarter of 2021. For the second quarter of 2021, the company expects its total net revenue to be between RMB 28.9 billion and RMB 30.1 billion, representing a year-over-year growth rate of approximately 20% to 25%. These forecasts reflect the company's current and preliminary view on the market and operational conditions, which is subject to change.