VIPSHOP HLDGS LTD

Ticker: VIPS CUSIP: 92763W103 Class: Foreign Stock

GILDER GAGNON HOWE & CO LLC's Holding History (CIK: 0000902464)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 37,090 Value ($000) $1,092 Avg Close — Range —

Q4 2014

Shares 37,381 Value ($000) $730 Avg Close — Range —

Q3 2014

Shares 11,417 Value ($000) $2,158 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	37,090	$1,092	—	—
Q4 2014	37,381	$730	—	—
Q3 2014	11,417	$2,158	—	—