Chinese online retailer raises $78.9 million from US IPO

LightInTheBox becomes the first Chinese company to list in the US since November last year. The stock jumps more than 17% at the start of trading.
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LightInTheBox is a global online retailer based in Beijing 
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<div style="text-align: left;"> LightInTheBox is a global online retailer based in Beijing </div>

LightInTheBox Holding, a Beijing-based online retail company, has raised $78.9 million from its initial public offering on the New York Stock Exchange after fixing the price at the mid-point of the indicative range.

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