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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Dec. 31, 2016
CNY (¥)
¥ / shares
shares
Net revenues:        
Net revenues $ 12,293,499 ¥ 84,523,948 ¥ 72,912,313 ¥ 56,591,302
Cost of revenues (Including inventory write-down of RMB303,233, RMB206,733 and RMB440,823 for the years ended December 31, 2016, 2017 and 2018, respectively) (9,810,920) (67,454,981) (56,618,471) (42,994,688)
Gross profit 2,482,579 17,068,967 16,293,842 13,596,614
Operating expenses:        
Fulfillment expenses (Including shipping and handling expenses of RMB2,578,491 , RMB3,830,229 and RMB4,498,678 for the years ended December 31, 2016, 2017 and 2018, respectively) (1,089,287) (7,489,393) (6,899,654) (4,904,526)
Marketing expenses (471,304) (3,240,450) (2,978,621) (2,837,680)
Technology and content expenses (291,018) (2,000,894) (1,808,452) (1,563,582)
General and administrative expenses (388,943) (2,674,179) (2,447,724) (1,941,146)
Total operating expenses (2,240,552) (15,404,916) (14,134,451) (11,246,934)
Other operating income 110,110 757,062 531,055 358,029
Income from operations 352,137 2,421,113 2,690,446 2,707,709
Impairment loss of investments (2,919) (20,073) (133,026) (114,574)
Interest expenses (23,234) (159,744) (82,435) (85,195)
Interest income 35,324 242,872 101,125 107,044
Exchange gain (loss) 10,336 71,065 (90,872) 51,100
Gain on disposal or revaluation of investments 27,902 191,842 55,615  
Income before income tax expense and share of loss of equity method investees 399,546 2,747,075 2,540,853 2,666,084
Income tax expense (82,409) (566,604) (626,140) (601,828)
Share of loss of equity method investees, net of tax of nil (6,836) (46,999) (22,280) (71,489)
Net income 310,301 2,133,472 1,892,433 1,992,767
Net loss (income) attributable to non-controlling interests (681) (4,685) 57,222 44,050
Net income attributable to Vipshop Holdings Limited's shareholders $ 309,620 ¥ 2,128,787 ¥ 1,949,655 ¥ 2,036,817
Weighted average number of Class A and Class B ordinary shares for computing earnings per Class A and Class B ordinary share:        
- Basic (in shares) | shares 132,266,157 132,266,157 117,554,229 115,958,088
- Diluted (in shares) | shares 140,083,610 140,083,610 125,715,833 125,817,183
Net earnings per Class A and Class B ordinary share        
- Basic (in dollars per share) | (per share) $ 2.34 ¥ 16.09 ¥ 16.59 ¥ 17.57
- Diluted (in dollars per share) | (per share) $ 2.27 ¥ 15.61 ¥ 15.94 ¥ 16.86
Net income $ 310,301 ¥ 2,133,472 ¥ 1,892,433 ¥ 1,992,767
Other comprehensive gain (loss):        
Foreign currency translation, net of tax of nil (1,030) (7,083) 342,348 (288,956)
Fair value change of available-for-sale investments, net of tax of nil | ¥     32,633 (17,042)
Reclassification adjustments for loss (gain) included in net income | ¥     (55,615) 36,567
Comprehensive income 309,271 2,126,389 2,211,799 1,723,336
Less: Comprehensive (loss) gain attributable to non-controlling interests 681 4,685 (57,222) (40,854)
Comprehensive income attributable to Vipshop Holdings Limited's shareholders 308,590 2,121,704 2,269,021 1,764,190
Product revenues        
Net revenues:        
Net revenues 11,855,178 81,510,275 71,171,653 55,281,900
Other revenues        
Net revenues:        
Net revenues $ 438,321 ¥ 3,013,673 ¥ 1,740,660 ¥ 1,309,402