 GUANGZHOU, China, May 19, 2021 PRNewswire -- Vipshop Holdings Limited NYSE: VIPS, a leading online discount retailer for brands in China Vipshop or the Company, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Total net revenue for the first quarter of 2021 increased by 51.1 year over year to RMB28.4 billion US4.3 billion from RMB18.8 billion in the prior year period. 