Comment on Online Retailer LightInTheBox Files For IPO on the NYSE by LightInTheBox Co-founder Kevin Wen on Building a Cross-border Online Retail Business | TechNode

['Tracey Xiang', 'More Tracey Xiang', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-04-18 00:00:00

LightInTheBox Holding Co., Ltd, a Beijing-based online retailer that targets at markets outside China, filed with the SEC to raise up to $86 million in an IPO on the NYSE under the ticker LITB. In 2012, 98% of the total orders were from outside China. The angel round was from Xu Xiaoping, an angel investor and co-founder of New Oriental Education&Technology, and Zhou Zhe, an early employee with Google. In 2008, Ceyuan Venture invested $5 million in it. 27 million series B funding was from GSR Ventures and Ceyuan Venture in 2009.