Kmvipshop Review: Is Kmvipshop Scam?
According to the US Fortune magazine, VIP.com ranked the 115th in its 2017 China 500 listing as well as the top 3 B2C e-commerce retailer. The 2017 Top 250 Global Powers of Retailing co-authored by Deloitte and STORES Media listed VIP.com as the world’s fastest growing retailer. And in BrandZ™ Top 100 Most Valuable Chinese Brands 2017, VIP.com ranked 40th. Never share your information with them. It is wise to keep a distance from such websites.
VIP.com has become the world’s largest flash sale platform as well as the third-largest online retailer in China. According to I Research, VIP.com’s on-line discount sales model is one of the three mainstream e-commerce models in China . And VIP.com is ranked No.1 in China’s on-line discount market with 38.1% market share. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange on March 23, 2012. As of 2017, Vipshop had 52.1 million customers, and there were 269.8 million orders for the year 2016.
Flaws of Kmvipshop
The deals present on this website are unrealistic. Therefore, we decided to write a Kmvipshop review to pivot point reversal strategy make people aware of this website. During our research, we found another site kayakshugesale.club .
The revenue of VIP.com in first quarter of 2020 only reached CNY ￥18.8 billion. The yoy rate of first-quarter revenue is -11.85% compare to 2019. If you observe properly then you will find that the domain name is ‘Kmvipshop’ but the site name is ‘Pelican’. Scammers use this trick on their sites. By using this trick they try to disguise themselves like some other site. Kmvipshop website is selling different types of Kayaks, Paddleboards, and other products related to boating.
Following Tmall and JD.com, it is now the third largest e-commerce site in China. Following Tmall and JingDong, VIP.com is now the third largest e-commerce site in China. VIP.com is building a finance service platform to provide users with services of financing, supply-chain financing, payment, financial management and insurance. There are no security measures present on the Kmvipshop website except for the SSL certificate.
They also guarded their information in the WHOIS records as well. Internet Finance Division was founded at the end of 2015. With one year’s development, https://forexhero.info/ “VIP Expense”, a consumer finance product, had attracted 5 million new users. Currently, 15% of orders at Vip.com are paid through the “VIP Expense”.
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Kmvipshop’s people have not shared its owner information. Since Kmvipshop is a new site the only way to trust it is by knowing the right info of its owner. People behind this site are hiding their information.
- VIP.com is building a finance service platform to provide users with services of financing, supply-chain financing, payment, financial management and insurance.
- According to I Research, VIP.com’s on-line discount sales model is one of the three mainstream e-commerce models in China .
- If you got scammed then read the article, What to do next when you get scammed?
- Since Kmvipshop is a new site the only way to trust it is by knowing the right info of its owner.
- The Kmvipshop site is using duplicate content of some other site.
Being an e-commerce entity it needs security measures to save its customer data. Kmvipshop is not a genuine site, therefore, they don’t need to protect its customer data. Kmvipshop’s owner doesn’t want a good ranking, therefore, they are happy to use copied content.
Kmvipshop Review: Is Kmvipshop Scam?
In August 2020, VIP.com released financial report for second quarter with net revenue of CNY￥ 24.1 billion and net profit of ￥1.536 billion CNY. The Kmvipshop website is not recommended by us. If you got scammed then read the article, What to do next when you get scammed? Or you can take the help of experts on the Just Answer. It is important to learn why a site is a scam or not. This way you can save yourself from another online scam.