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China stocks: foreign trade B2C website Lanting gathers momentum LightInTheBox (LITB) (2007)

Lanting Jishi LightInTheBox Holding Co., Ltd. (NYSE: LITB) was established in 2007, is headquartered in Beijing, and has 896 full-time employees. It is a Chinese foreign trade B2C website. The main market is in Europe and North America. It mainly sells clothing and electronic communication equipment. , Parts and accessories and home gardening products.

LightInTheBox Logo

Lanting gathers momentum LightInTheBox (LITB):

Since its inception in 2007, Lanting Jishi has received a total of four rounds of investment: Xu Xiaoping’s angel investment in 2007, Lianchuang Ceyuan Investment in 2008, Jinshajiang Venture Capital Investment in 2009, and Trust Capital Investment in 2010.

The products involved in the Lanting Gathering include clothing, electronic products, toys, accessories, furniture supplies, etc. It has been opened in English, French, Spanish, German, Italian, Portuguese, Japanese, Russian, Arabic, Dutch, and Norwegian. And Swedish. The company’s annual sales have exceeded 1 billion yuan. The number of registered users of the website reaches millions, all over America, Europe, Asia, Africa, etc. The company also won the paypal “2008 Best Innovative Company Award” and other awards.

Lanting gathers potential LightInTheBox (LITB) investment:

Lanting Jishi was IPO on the New York Stock Exchange on June 6, 2013, with an issue price of US$9.5 and a financing amount of approximately US$78.85 million. It broke early.

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