Exhibit 12.1

LightInTheBox Holding Co., Ltd.

Growth in Revenue Attributed to Repeat Customers

Year ended December 31,

	2008		2009		2010		2011		2012
	(In thousands of $, except for percentages)
Revenue Attributed to Repeat Customers(1)	n/a	(5)	4,008		8,751		20,886		49,384
Revenues Attributed to New Customers(2)	n/a	(5)	22,043		49,943		95,344		150,626
Total Net Revenues	6,256		26,051		58,694		116,230		200,010
Increase in Revenue Attributed to Repeat Customers (3)	n/a		4,008		4,743		12,135		28,497
Growth in Revenue Attributed to Repeat Customers (4)	n/a	(5)	n/a	(5)	118.3	%	138.7	%	134.8	%

(1) Repeat customers refer to customers who have purchased products from us more than once since our inception.

(2) New customers refer to customers who purchased products from us for the first time during a given period.

(3) Increase in revenue attributed to repeat customers refers to the difference between (i) revenue attributed to repeat customers for a given period and (ii) revenue attributed to repeat customers for the prior period.

(4) Growth in revenue attributed to repeat customers refers to increase in revenue attributed to repeat customers for a given period divided by revenue attributed to repeat customers from the prior period.

(5) As we had only begun to operate our business towards the end of 2007, we did not track revenue contributed by repeat customers in 2008. As a result, no data for growth in revenue attributed to repeat customers was available in 2008 and 2009.