Detail akcie LightInTheBox ADS online

Business Summary: LightInTheBox Holding Co., Ltd. is an apparel e-commerce retailer that ships products to consumers worldwide. The Company is focused on serving middle-aged and senior customers. The Company operates through two segments: Product sales and Services. Its Product sales segment consists of online retailing of consumer products. Its Services segment consists of provision of logistic services to other e-commerce retailers. The Company offers customers products through its websites and mobile applications. Its product offerings include apparel, such as fast fashion and customized, special occasion apparel, and other general merchandise, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices and other products. The Company operates its business through www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.sg and other websites, as well as mobile applications that are available in more than 20 languages and 140 countries and regions.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Lightinthebox Holding Co Ltd (ADR) revenues increased 25% to $629.4M. Net loss decreased 83% to $9.6M. Revenues reflect Product Sales segment increase of 25% to $617.2M, Europe segment increase of 35% to $313.6M. Lower net loss reflects Merchandise Margins - % increase of 5% to 57.2%, Impairment loss on investment decrease from $56.1M (expense) to $0K.