Yes.

Vipshop has set up a main warehouse in the head office, which is the parent warehouse of the sub-master warehouse. At the same time, it has set up branch warehouses in branches across the country, which are the sub-warehouses of the sub-master warehouse, so Vipshop belongs to the sub-warehouse model.

Vipshop is an Internet company that sells brand discount products online. It was established in August 2008 and is headquartered in Guangzhou.