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LightInTheBox.com

Amazon is Not Alone - LightInTheBox.com Sets Record Holiday Sales Despite Recession

Published in Law and Health Weekly, January 17th, 2009

LightInTheBox.com, a China-based global online distribution channel announced that it has set a new record for holiday sales. The online wholesaler saw phenomenal growth in 2008, tripling its Q4 sales on both its own website and its eBay outlets, when compared to the same period in 2007. Since LightInTheBox is a private company, the actual sales figure remains confidential. Such results coincide with an earlier announcement made by Amazon.com for its record holiday sales with a 16% increase from last year.

The company believes that the recent economic recession has provided a unique opportunity for low-price channels, such as Wal-Mart, Amazon.com, and LightInTheBox.com,...

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