XML 115 R16.htm IDEA: XBRL DOCUMENT
v3.20.1

GOODWILL | 12 Months Ended
--- | ---
Dec. 31, 2019
GOODWILL |
GOODWILL | 6. GOODWILL On December 10, 2018, the Group acquired Ezbuy and the acquired assets were recorded at fair value at the date of acquisition, including goodwill of $27,479. See Note 3 for details of acquisition of Ezbuy. All goodwill are allocated to the product sales segment. The changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2019, are as follows:
|  | Ador Inc |  | Ezbuy |  | Total
Balance at January 1, 2018 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 690 |  | $ | — |  | $ | 690
Accumulated impairment loss |  |  | — |  |  | — |  |  | —
|  | $ | 690 |  | $ | — |  | $ | 690
Goodwill acquired during the year |  |  | — |  |  | 27,479 |  |  | 27,479
Impairment loss |  |  | — |  |  | — |  |  | —
Balance at December 31, 2018 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 690 |  | $ | 27,479 |  | $ | 28,169
Accumulated impairment loss |  |  | — |  |  | — |  |  | —
|  | $ | 690 |  | $ | 27,479 |  | $ | 28,169
Effect of exchange rate changes on goodwill |  |  | — |  |  | (247) |  |  | (247)
Impairment loss |  |  | — |  |  | — |  |  | —
Balance at December 31, 2019 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 690 |  | $ | 27,232 |  | $ | 27,922
Accumulated impairment loss |  |  | — |  |  | — |  |  | —
|  | $ | 690 |  | $ | 27,232 |  | $ | 27,922

X
- References No definition available. + Details
Name: | litb_GoodwillDisclosureAbstract
Namespace Prefix: | litb_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration