BEIJING, April 9, 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 partnered
with Kerry Logistics Network Limited ("Kerry Logistics") (Stock
Code: 0636.HK), a leading logistics service provider in
Asia, to distribute 200,000 free
medical face masks to 40,000 families in Malaysia.
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. Beginning last week, LightInTheBox launched a
series of initiatives to help people in need as the COVID-19
pandemic accelerates globally. On March
30, the Company announced that it was adding one million
medical face masks to parcels shipped via DHL or FedEx to customers
in North America and Europe free-of-charge. Now, LightInTheBox has
shifted its focus to Southeast
Asia and partnered with Kerry Logistics to distribute
200,000 free masks to families in Malaysia. LightInTheBox created a website
where families in need in Malaysia
could submit their request and home delivery address. As of
April 7, 2020, all 40,000 packs of
free medical face masks had been ordered and shipped.
"Kerry Logistics is a leading logistics service provider with
extensive operations and networks across ASEAN countries,"
commented Mr He Jian, CEO of LightInTheBox. "In order to distribute
200,000 free masks to 40,000 families in Malaysia within a week, we needed a strong
last mile delivery partner. Kerry Logistics has a long and strong
working relationship with our subsidiary Ezbuy since 2014 and was
the perfect choice. Kerry Logistics were very supportive of our
efforts both operationally and financially from the moment they
became aware of our initiative. Their efforts in helping us to
distribute free medical face masks to thousands of families in
Malaysia in the shortest possible
time have been invaluable."
"Everyone at LightInTheBox continues to work around the clock to
ensure the smooth operational flow of protective medical supplies
through our platform. We sincerely hope that the global economy
will rebound rapidly and we will continue to do our best to provide
stability to supply chains for our end customers and suppliers. We
are all in this global fight against COVID-19 together and we will
continue to help 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
Ms. Xiaoyan Su
Tel: +86 (10) 5900 3429
Ms. Linda Bergkamp
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
SOURCE LightInTheBox Holding Co., Ltd.