|View printer-friendly version|
|Zall Development Acquires Strategic Stake in LightInTheBox|
Under the terms of the subscription agreement, the Company has agreed to issue and Zall E-Commerce has agreed to subscribe to a total of 42,500,000 ordinary shares, equivalent to 21,250,000 ADSs, accounting for a 30% equity interest in
For more information, please visit www.lightinthebox.com.
Investor Relations Contact
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
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/zall-development-acquires-strategic-stake-in-lightinthebox-300237626.html
SOURCE Light In