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The first consumer finance company of the year has successfully increased its capital, and Vipshop is quietly expanding its financial landscape.
① Vipshop's Fubon Consumer Finance capital increase has been approved, successfully raising registered capital from 0.5 billion to 1 billion yuan, with the major Shareholder Vipshop increasing its stake to 50%. ② The consumer loan product currently offered on the Vipshop platform is "Vipshop Flower," operated by another subsidiary of Vipshop, Vipshop Microfinance.
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