BEIJING, September 19, 2014 /PRNewswire/ — LightInTheBox Holding Co., Ltd. (NYSE: LITB) (“LightInTheBox” or the “Company”), a global online retail company that delivers products directly to consumers around the world, today announced that the Company’s stock has been added to the NASDAQ Golden Dragon China Index (NASDAQ: HXC) effective Monday, September 22, 2014.
The NASDAQ Golden Dragon China Index is designed to provide insight and access to the unique economic and investment opportunities in China while providing the transparency offered by U.S. listed securities. The index consists of securities broken down by different industry segments.
“We are pleased to have been added to the NASDAQ Golden Dragon China Index,” said LightInTheBox Chairman and CEO, Mr. Alan Guo. “This recognition, we believe, serves as acknowledgement of the leading role we play in our business sector, the highest standards of corporate governance we maintain, and the expansive growth opportunities we offer investors.”
“We have worked hard to build a globally trusted brand, a loyal customer base, and a growing and innovative company. Now, with our inclusion on the Golden Dragon Index, we believe LITB will attain even greater visibility among global investors, which will in turn boost our efforts to significantly increase shareholder value.”
About LightInTheBox Holding Co., Ltd.
LightInTheBox is a global online retail company that delivers products directly to consumers around the world. The Company offers customers a convenient way to shop for a wide selection of products at attractive prices through its www.lightinthebox.com, www.miniinthebox.com and other websites and mobile applications, which are available in 27 major languages and cover more than 80% of global Internet users.
For more information, please visit www.lightinthebox.com.
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets” and similar statements. Among other things, statements that are not historical facts, including statements about LightInTheBox’s beliefs and expectations, the business outlook and quotations from management in this announcement, as well as LightInTheBox’s strategic and operational plans, are or contain forward-looking statements. LightInTheBox may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: LightInTheBox’s goals and strategies; LightInTheBox’s future business development, results of operations and financial condition; the expected growth of the global online retail market; LightInTheBox’s ability to attract customers and further enhance customer experience and product offerings; LightInTheBox’s ability to strengthen its supply chain efficiency and optimize its logistics network; LightInTheBox’s expectations regarding demand for and market acceptance of its products; competition; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in LightInTheBox’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and LightInTheBox does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Ms. Xiaoyan Su
Tel: +86(10)5900 1548
Ms. Linda Bergkamp