About LightInTheBox
LightInTheBox is a company based in Beijing (China) founded in 2007.. LightInTheBox has raised $35 million across 2 funding rounds from investors including Trustbridge Partners. The company has 422 employees as of December 31, 2024. LightInTheBox has completed 3 acquisitions, including Ador, Lockerz and ezbuy. LightInTheBox operates in a competitive market with competitors including VipShop, Hangzhou Meiyu Information Technology, Favbuy and Tianpin, among others.
- Headquarter Beijing, China
- Employees 422 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lightinthebox Holding Co., Ltd. Sponsored Adr
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Annual Revenue
$255.42 M-59.39as on Dec 31, 2024
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Net Profit
$-2.49 M74.01as on Dec 31, 2024
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EBITDA
$-872.44 K89.79as on Dec 31, 2024
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Total Equity Funding
$35 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
422
as on Dec 31, 2024
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Investments & Acquisitions
Ador
& 2 more
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IPO & Listings of LightInTheBox
LightInTheBox is a publicly listed company on the NYSE with ticker symbol LITB in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of LightInTheBox
LightInTheBox has successfully raised a total of $35M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(25 Oct 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Post-IPO - LightInTheBox | Valuation |
investors |
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| Oct, 2010 | Amount | Series B - LightInTheBox | Valuation | Trustbridge Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LightInTheBox
LightInTheBox has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Trustbridge Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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early & growth stage tech and life sciences focused VC firm investing primarily in China and the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LightInTheBox
LightInTheBox has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ador, Lockerz and ezbuy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category consumer products are retailed online through a dedicated platform.
|
2010 | ||||
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Shoppable digital magazine
|
2009 | ||||
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Online blog platform sharing content on business, gaming, health, and various topics.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - LightInTheBox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lightinthebox Comparisons
Competitors of LightInTheBox
LightInTheBox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VipShop, Hangzhou Meiyu Information Technology, Favbuy and Tianpin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are sold via online flash sales.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online flash-sales platform.
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| domain | founded_year | HQ Location |
Operates an online retail platform specializing in flash sales for various products.
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| domain | founded_year | HQ Location |
Operates as an online flash-sales retailer for a wide range of products, providing time-limited deals to consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lightinthebox
Frequently Asked Questions about LightInTheBox
When was LightInTheBox founded?
LightInTheBox was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is LightInTheBox located?
LightInTheBox is headquartered in Beijing, China.
Is LightInTheBox a funded company?
LightInTheBox is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a Series B of $35M, raised on Oct 25, 2010.
How many employees does LightInTheBox have?
As of Dec 31, 2024, the latest employee count at LightInTheBox is 422.
What is the annual revenue of LightInTheBox?
Annual revenue of LightInTheBox is $255.42M as on Dec 31, 2024.
What does LightInTheBox do?
LightInTheBox was established in 2007 and is headquartered in Beijing, China. Operations are conducted as an e-commerce platform in the consumer goods sector, where a broad catalog of products is provided. Items encompass fashion, beauty, electronics, stationery, sports equipment, books, toys, baby care essentials, pet supplies, home improvement goods, healthcare products, and additional categories. Global shipping is facilitated to customers worldwide.
Who are the top competitors of LightInTheBox?
LightInTheBox's top competitors include VipShop, Hangzhou Meiyu Information Technology and Favbuy.
Is LightInTheBox publicly traded?
Yes, LightInTheBox is publicly traded on NYSE under the ticker symbol LITB.
How many acquisitions has LightInTheBox made?
Who are LightInTheBox's investors?
LightInTheBox has 1 investor. Key investors include Trustbridge Partners.
What is LightInTheBox's ticker symbol?
The ticker symbol of LightInTheBox is LITB on NYSE.
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