|Bid||0.8793 x 800|
|Ask||0.8878 x 1000|
|Day's Range||0.8375 - 0.8900|
|52 Week Range||0.6000 - 1.8100|
|Beta (3Y Monthly)||-0.53|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), the Chinese cross-border e-commerce platform, today announced that sales during Black Friday 2019 grew 68% year-over-year.
Southeast Asia is a growing digital marketplace and increasingly a focus for startups across the world, but there haven't been many exits. The all-stock deal was first announced in November and it sees LightInTheBox, which operates worldwide, take 100 percent ownership of the company for $85.55 million as it bids to turn its business around. LightInTheBox could certainly do with a boost.