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SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2019

SEGMENT REPORTING

Schedule of components of net revenues

		Year ended December 31, 2019
		Product sales			Services			Consolidated
Revenues		$	236,705		$	6,921		$	243,626
Cost of revenues			144,061			1,968			146,029
Gross profit			92,644			4,953			97,597
Unallocated operating expenses									113,649
Loss from operations									(16,052)
Interest income									297
Interest expense									(66)
Change in fair value of convertible promissory notes									14,591
Other income, net									283
Loss before income tax expense and gain from equity method investment								$	(947)

		Year ended December 31, 2018
		Product sales			Services			Consolidated
Revenues		$	216,407		$	11,132		$	227,539
Cost of revenues			156,326			10,017			166,343
Gross profit			60,081			1,115			61,196
Unallocated operating expenses									98,677
Loss from operations									(37,481)
Interest income									487
Interest expense									(5)
Change in fair value of convertible promissory notes									(22,791)
Loss before income tax expense								$	(59,790)

		Year ended December 31, 2017
		Product sales			Services			Consolidated
Revenues		$	293,951		$	25,930		$	319,881
Cost of revenues			189,816			24,445			214,261
Gross profit			104,135			1,485			105,620
Unallocated operating expenses									115,787
Loss from operations									(10,167)
Exchange loss on offshore bank accounts									(89)
Interest income									581
Loss before income tax expense								$	(9,675)

Schedule of components of the Group's cost

		Year ended December 31,
		2017			2018			2019
Apparel		$	99,160		$	72,871		$	78,954
Other general merchandise (1)			194,791			143,536			157,751
Total product sales revenues		$	293,951		$	216,407		$	236,705

(1) Others mainly include products such as small accessories and gadgets, home garden, electronics and communication devices and others.

Summary of total net revenues generated in different geographic locations and as a percentage of total net revenues

		Year ended December 31,
		2017					2018					2019
		Revenues			%		Revenues			%		Revenues			%
Europe		$	153,697		48.1		$	109,781		48.2		$	87,586		36.0
North America			73,339		22.9			51,206		22.5			37,932		15.6
Other countries			92,845		29.0			66,552		29.3			118,108		48.4
Total revenues		$	319,881		100.0		$	227,539		100.0		$	243,626		100.0

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- Definition

Tabular disclosure of entity-wide costs for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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