Newegg Launches Bonanza Sale Featuring Special Low Pricing on GPUs, Motherboards and Monitors

Rhea-AI Summary

Newegg Commerce, a prominent technology e-commerce retailer, has launched a Bonanza Sale featuring substantial discounts on gaming PC components including GPUs, motherboards, and monitors. This initiative aims to support gaming enthusiasts in building or upgrading their PCs with lower prices than competitors in the U.S. The sale responds to customer demand for affordable upgrades, with significant savings on popular products such as the GIGABYTE Gaming GeForce RTX 3090 Ti and AORUS FO48U gaming monitor.

Positive

• Launch of a Bonanza Sale offering significant discounts on gaming components.
• Prices are lower than those of competitive U.S. retailers, potentially driving increased sales.

Negative

• None.

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)-- Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced it is now offering significant discounts on GPUs, motherboards and monitors as part of a spontaneous Bonanza Sale event to encourage gaming PC building and upgrading.

The Bonanza Sale, Newegg's GPU, motherboard and gaming monitor shopping event, launched on Newegg.com. (Graphic: Business Wire)

Shoppers and gaming PC builders can find prices that are noticeably lower than competitive U.S. retailers.

See Newegg’s Bonanza Sale here: https://newegg.io/bonanza_sale

Featured gaming PC components include:

• GIGABYTE Gaming GeForce RTX 3090 Ti 24GB GDDR6X
• GIGABYTE VISION OC GeForce RTX 3080 Ti 12GB GDDR6X
• GIGABYTE Z690 UD AX DDR4 LGA 1700 Intel Z690 ATX Motherboard
• GIGABYTE Z590 UD AC LGA 1200 Intel Z590 ATX Motherboard
• AORUS FO48U 48” 4K OLED Gaming Monitor
• GIGABYTE G32QC A 32” Curved Gaming Monitor

“Customers have been asking for discounts on gaming PC upgrades for a while, so we decided now to offer GPUs, motherboards and monitors at deep savings,” said Newegg CEO Anthony Chow. “We lowered prices to help and reward customers who have been dreaming of building a new gaming PC or upgrading their PC this summer. Now is a great time to install new gaming PC components.”

About Newegg

Newegg Commerce, Inc. (NASDAQ: NEGG), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information: Newegg.com.

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This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Newegg believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.

Note: For more photos, use this link: https://newegg.io/bonanza_photos

View source version on businesswire.com: https://www.businesswire.com/news/home/20220621005491/en/

Media:

Eric Wein

Newegg

eric.j.wein@newegg.com

626-271-1420, ext. 22619

Investor Relations:

Lena Cati

The Equity Group Inc.

lcati@equityny.com

212-836-9611

Source: Newegg Commerce, Inc.

FAQ

What is the Bonanza Sale by Newegg?

The Bonanza Sale is a promotional event by Newegg featuring substantial discounts on gaming PC components like GPUs, motherboards, and monitors.

When did Newegg launch the Bonanza Sale?

Newegg announced the Bonanza Sale on June 21, 2022.

What products are included in Newegg's Bonanza Sale?

The sale includes popular gaming components such as the GIGABYTE Gaming GeForce RTX 3090 Ti, GIGABYTE Z690 UD AX motherboard, and AORUS FO48U gaming monitor.

How do Newegg's prices compare to other U.S. retailers during the Bonanza Sale?

Newegg's prices during the Bonanza Sale are significantly lower than those of competitive U.S. retailers.

What is the stock symbol for Newegg?

The stock symbol for Newegg Commerce is NEGG, traded on NASDAQ.