LightInTheBox's (NYSE: LITB) board of directors authorized a stock repurchase program on June 27, 2023. Under the program, the Company may repurchase up to US$10 million worth of its ordinary shares in the form of American Depositary Shares no later than December 31, 2023. This repurchase program complies with the Securities Exchange Act of 1934, as amended ("Exchange Act"), and the Company's insider trading policy.
Mr. Jian He, Chairman and CEO of...
Mr. Jian He, Chairman and CEO of...
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Q1 Revenue Surge for LightInTheBox: Achieves Record High of $148 Million in 2023
The strong growth momentum that we produced in 2022 continued in the first quarter of 2023, despite a complex global macroeconomic environment and the seasonality that our business typically experiences during the first couple months of a year. Against that backdrop, we had a record first quarter in terms of total revenues and revenues from apparel. Revenues grew 57.6...
The strong growth momentum that we produced in 2022 continued in the first quarter of 2023, despite a complex global macroeconomic environment and the seasonality that our business typically experiences during the first couple months of a year. Against that backdrop, we had a record first quarter in terms of total revenues and revenues from apparel. Revenues grew 57.6...
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