BEIJING, March 30, 2020 /PRNewswire/ -- LightInTheBox
Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"),
a cross-border e-commerce platform that delivers products directly
to consumers around the world, today announced that it is adding
packs of medical face masks to parcels shipped via DHL or FedEx to
customers in North America and
Europe free-of-charge to help
those in need as the COVID-19 pandemic accelerates globally. In
aggregate, LightInTheBox estimates it will ship one million free
medical face masks in the coming week.
As soon as COVID-19 started to spread globally, LightinTheBox
began working with suppliers and factories across China to secure a sizeable stock of medical
face masks, safety goggles and other personal protection and health
monitoring devices. With the pandemic accelerating faster than
expected globally, many people still face difficulties in obtaining
protective medical supplies. LightinTheBox is leveraging its
innovative logistics network and strong relationships with
suppliers to creatively distribute free masks to those in need
across North America and
Europe.
"This is a crisis we are facing together and I believe it is our
collective duty to help in any way we can," commented Mr.
Jian He, Chief Executive Officer of
LightInTheBox. "In order to ensure masks are distributed in a
timely manner, we have begun adding free packs of medical face
masks to parcels that are sent via DHL or FedEx to North America or Europe. Each pack has a sticker label on it
that says 'Please share with people who may need them'.
Parcels with free packs of medical face masks are directly being
shipped to more than 100,000 customers over the next 4-5 days. To
date, we have already sent out free packs to thousands of customers
who will be receiving them this week."
"We have an extensive customer base and cross-border logistics
network in North America and
Europe, so we believe this is the
fastest way to ensure people in need receive these masks quickly.
We are encouraging the approximately 100,000 customers who will
receive free packs of medical face masks to share them with their
neighbours and friends potentially expanding their reach to more
than 200,000 families. We want to help our customers help others.
In addition, sizeable stocks of medical face masks, safety goggles,
hand sanitizers, and other related products are already available
for purchase on our website and mobile app and can be shipped to
customers globally. Our employees are working around the clock to
ensure efficient and smooth logistics to ensure these urgently
needed medical face masks are distributed quickly. We sincerely
hope that the global economy will rebound rapidly and will continue
to do our best to support the global fight against COVID-19 in any
way we can."
About LightInTheBox Holding Co., Ltd.
LightInTheBox is a cross-border e-commerce platform 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, www.ezbuy.com and
other websites and mobile applications, which are available in 25
major languages and cover more than 140 countries.
For more information, please visit www.lightinthebox.com.
Investor Relations Contact
Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 3429
Email: ir@lightinthebox.com
OR
Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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.
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SOURCE LightInTheBox Holding Co., Ltd.