LightInTheBox, online retailer which sells goods ranging from wedding dresses to electronic devices announced on January 5 that cryptocurrency is a legitimate means of payment on its main sites, LightInTheBox.com and MiniInTheBox.com. It is stated that all transactions would be processed through BitPay.
Right after the announcement the company saw its shares surge from US$2.38 to US$3.52 at the start of trading on Monday. The shares later retreated, finishing Monday at US$2.81.
Source:
https://hype.codes/chinese-retailer-surges-25-after-saying-it-will-accept-btc#
