Seeking Alpha

LightInTheBox Holding Co., Ltd. (LITB)

  • Jan. 6, 2014, 8:38 AM
    • LightInTheBox (LITB) acquires Seattle-based social e-commerce firm Ador for an undisclosed sum.
    • Ador's team will join LITB as its first U.S. office, with CEO Mark Stabingas assuming the position of President at LITB and Quinten Shay Senior VP. In conjunction, LITB co-founder's Kevin Wen and Liang Zhang will become Executive VPs.
    • Stabingas previously was GM of Amazon Payments, VP of Business and Corporate Development, and VP of Finance for Amazon's U.S. retail business. Shay formerly led Amazon's international tech team.
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Company Description
LightInTheBox Holding Co Ltd is anonline retail company that delivers products directly to consumers around the world. It engages in selling small accessories & gadgets, apparels and home & garden products.
Sector: Services
Country: China