Robert WayI first wrote about my initial thesis on Vipshop Holdings (NYSE:VIPS) in December of last year. Then in July of this year, I warned in my follow-up article that “VIPS has faced both expected and unexpected challenges in 2024. It is predictable that VIPS's Q2 results will be under tremendous pressure.” Unfortunately, my warnings for VIPS has proven to be prescient, as VIPS reported horrendous Q2 2024 results on August 20th before the bell. Revenue, active customers and orders were all down duri ...