LightInTheBox Holding Co., China’s international online retail company, has used US$85 million to wholly acquire the total issued share capital of Singapore’s online shopping portal Ezbuy Holding Co., according to an announcement. The purchase will be settled in the form of a one-year interest-free convertible promissory note, according to another filing. Mr. Jian He, the founder […]
Chinese Cross-Border LightInTheBox Acquires 100% Stake In Singapore’s Ezbuy For $85M appeared first on China Money Network.