Vipshop Holdings ($VIPS) reported its Q4 2024 earnings, achieving an adjusted earnings per share (EPS) of $5.70, surpassing the $5.52 estimate. The company's sales reached $33.224 billion, exceeding expectations of $32.102 billion. In terms of overall performance, Vipshop's adjusted EPS was noted at $0.78, with revenue recorded at $4.55 billion and net income at $335.20 million. The results were bolstered by strong performance in the apparel sector, which helped the company achieve a gross merchandise value (GMV) exceeding RMB 200 billion for the year, despite a decline in active customers. Additionally, Square ($XYZ) reported a 7.8% year-over-year increase in gross payment volume (GPV) for Q4, marking a notable acceleration from the 4.0% growth in Q3. Seller GPV also grew by 10.0% year-over-year, breaking a six-quarter streak of decelerating growth.