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In 2016, VIP.com reported annual net revenue of US$2.73 billion and a total of 269.8 million orders. [8] As of March 31, 2017, VIP.com had been profitable for 18 consecutive quarters. [9] The revenue of VIP.com in first quarter of 2020 only reached CN¥18.8 billion. The yoy rate of first-quarter revenue is -11.85% compare to 2019. [10]