BEIJING, Nov. 30, 2018 /PRNewswire/ -- LightInTheBox Holding
Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to
consumers around the world, today announced that effective immediately, the Company engaged KPMG Huazhen LLP ("KPMG") as the
Company's independent registered public accounting firm, to replace Deloitte Touche Tohmatsu Certified Public Accountants LLP
("Deloitte"). The change of the Company's independent registered public accounting firm was approved by the Audit Committee and
the Board of Directors on November 29, 2018.
There were no disagreements between the Company and Deloitte on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure.
About LightInTheBox Holding Co., Ltd.
LightInTheBox is a global online retail company that delivers products directly to consumers around the world. The Company
offers customers a convenient way to shop for a wide selection of products at attractive prices through its www.lightinthebox.com, www.miniinthebox.com and other websites and mobile applications, which are
available in 23 major languages and cover more than 90% of global Internet users.
Forward-Looking Statements
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the
U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing,"
"targets" and similar statements. Among other things, statements that are not historical facts, including statements about
LightInTheBox's beliefs and expectations, the business outlook and quotations from management in this announcement, as well as
LightInTheBox's strategic and operational plans, are or contain forward-looking statements. LightInTheBox may also make written
or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in press
releases and other written materials and in oral statements made by its officers, directors or employees to third parties.
Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ
materially from those contained in any forward-looking statement, including but not limited to the following: LightInTheBox's
goals and strategies; LightInTheBox's future business development, results of operations and financial condition; the expected
growth of the global online retail market; LightInTheBox's ability to attract customers and further enhance customer experience
and product offerings; LightInTheBox's ability to strengthen its supply chain efficiency and optimize its logistics network;
LightInTheBox's expectations regarding demand for and market acceptance of its products; competition; fluctuations in general
economic and business conditions and assumptions underlying or related to any of the foregoing. Further information regarding
these and other risks is included in LightInTheBox's filings with the SEC. All information provided in this press release and in
the attachments is as of the date of this press release, and LightInTheBox does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.
Investor Relations Contact
Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 3429
Email: ir@lightinthebox.com
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SOURCE LightInTheBox Holding Co., Ltd.