<SEC-DOCUMENT>0001104659-26-031383.txt : 20260318
<SEC-HEADER>0001104659-26-031383.hdr.sgml : 20260318
<ACCEPTANCE-DATETIME>20260318180654
ACCESSION NUMBER:		0001104659-26-031383
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260318
FILED AS OF DATE:		20260318
DATE AS OF CHANGE:		20260318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Chien Kathleen
		CENTRAL INDEX KEY:			0001328637
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35454
		FILM NUMBER:		26771050

	MAIL ADDRESS:	
		STREET 1:		6723 KINGS HARBOR DRIVE
		CITY:			RANCHO PALOS VERDES
		STATE:			CA
		ZIP:			90275

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vipshop Holdings Ltd
		CENTRAL INDEX KEY:			0001529192
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				000000000
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		VIPSHOP HEADQUARTERS, 128 DINGXIN ROAD
		STREET 2:		HAIZHU DISTRICT,
		CITY:			Guangzhou
		NON US STATE TERRITORY:  	CHINA
		PROVINCE COUNTRY:   	F4
		ZIP:			510335
		BUSINESS PHONE:		86 (20) 2233-0000

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		VIPSHOP HEADQUARTERS, 128 DINGXIN ROAD
		STREET 2:		HAIZHU DISTRICT,
		CITY:			Guangzhou
		NON US STATE TERRITORY:  	CHINA
		PROVINCE COUNTRY:   	F4
		ZIP:			510335
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>tm269051-6_3seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001529192</issuerCik>
        <issuerName>Vipshop Holdings Ltd</issuerName>
        <issuerTradingSymbol>VIPS</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001328637</rptOwnerCik>
            <rptOwnerName>Chien Kathleen</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>15TH FLOOR, BUILDING T6</rptOwnerStreet1>
            <rptOwnerStreet2>CRYSTAL PLAZA, 100 JIANGYAO ROAD</rptOwnerStreet2>
            <rptOwnerCity>SHANGHAI</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>200126</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A ordinary shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>53834</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A ordinary shares</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8615</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Share Options (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.5</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2027-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>44568</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents 8,615 Class A ordinary shares issuable upon vesting of the underlying restricted share awards that remain outstanding as of the date hereof. The underlying restricted share awards were granted by the Issuer on April 1, 2024. The remaining restricted share awards will vest in equal installments on a quarterly basis until April 1, 2028, subject to the terms and conditions of the underlying award agreement.</footnote>
        <footnote id="F2">All options granted have been fully vested and exercisable as of the date hereof.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Kathleen Chien</signatureName>
        <signatureDate>2026-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
