Welcome to our dedicated page for Newegg Commerce news (Ticker: NEGG), a resource for investors and traders seeking the latest updates and insights on Newegg Commerce stock.
Newegg Commerce, Inc. (symbol: NEGG) is a leading e-commerce company renowned for its extensive selection of tech-focused products and its exceptional customer service. Founded in 2001, Newegg has grown to become one of North America's premier online shopping destinations, consistently earning high industry ratings for customer satisfaction.
Headquartered in the City of Industry, California, Newegg operates multiple distribution facilities across the United States and Canada, ensuring efficient delivery of products to a global customer base. The company serves tens of millions of registered users worldwide, offering the latest in consumer electronics, computer components, entertainment, smart home devices, and gaming products.
Newegg's business model includes direct sales as well as an online marketplace platform, allowing third-party vendors to reach a vast audience. This marketplace is supported by robust fulfillment and marketing services, making it an attractive option for sellers looking to expand their reach.
Recent achievements include the expansion of Newegg’s global logistics services, enhancing their ability to serve customers in Europe, South America, Asia Pacific, and the Middle East. Additionally, Newegg continues to innovate in customer experience, leveraging cutting-edge technology to provide personalized shopping experiences and rapid delivery solutions.
For those interested in selling on Newegg.com, the platform offers comprehensive support through Newegg’s Seller Portal, available at newegg.io/sellers. This service helps vendors optimize their sales and marketing strategies for maximum impact.
With a commitment to quality and innovation, Newegg Commerce, Inc. remains a prominent player in the e-commerce industry, consistently adapting to meet the evolving needs of its tech-savvy customer base.
Newegg Commerce (NASDAQ: NEGG) has launched the ASRock Phantom Gaming monitors, marking ASRock's entry into the gaming monitor market. Available exclusively in North America, the standout feature is the 34-inch curved monitor with a built-in Wi-Fi antenna that enhances connectivity by reducing latency. It boasts a 7dBi peak gain and supports a WQHD resolution, 165Hz refresh rate, and 1ms response time. The 27-inch model features similar specifications in a flat display. Both monitors aim to elevate gaming performance and signal reliability.
Newegg Commerce has launched its Dealsanity Sale, featuring significant discounts on GIGABYTE and Corsair gaming PC components. The sale is active until September 19, 2022, with notable bundles including a GIGABYTE GeForce RTX 3070 and gaming monitor priced at $599.99, and a GeForce RTX 3060 bundle at $399.99. The sale aims to prepare PC builders for upcoming AAA game releases during the holiday season. Discounts on Corsair products are also available, promising attractive offers for gamers.
Newegg Commerce, Inc. (NASDAQ: NEGG) announced guidance for Q3 2022, citing challenges from macroeconomic conditions, inflation, and shifts in consumer spending. For the first half of 2022, it reported net sales of $890.5 million, a gross profit of $110.8 million, and a net loss of $18.9 million. For Q3, expected net sales range between $358.8 million and $383.3 million, with a projected net loss of $10.1 million to $8.5 million. Newegg plans multiple initiatives, including early Black Friday promotions and tech product launches, to enhance customer experience and drive sales.
Newegg Commerce (NASDAQ: NEGG) is participating at PAX West, a major gaming convention in Seattle, from September 2-5. The company is showcased in Intel's booth (Nos. 2301 and 2503), featuring exclusive giveaways and the chance to win a custom-built Intel Gamer Days gaming PC with a 12th Gen Intel® Core™ i9-12900K processor. Newegg will also host presentations and contests for attendees, including a $1,000 spending spree for T-shirt wearers. Promotions related to Intel's Gamer Days are available on Newegg's website through September 5.
Newegg Commerce, Inc. (NASDAQ: NEGG) announces its promotional sale for Intel Gamer Days, running from today until Sept. 4. The sale features discounts on Intel processors, gaming PCs, and laptops. A highlight includes a sweepstakes for a custom PC build valued over
Newegg Commerce, Inc. (NASDAQ: NEGG) is participating in the CNE Gaming Garage Powered by AMD from
Newegg Commerce, Inc. (NASDAQ: NEGG) has launched a new tool called Laptop Finder, designed to help customers choose the best Windows-based laptops. This tool simplifies the laptop selection process by guiding users through prompts related to their needs, budget, and desired features. It offers personalized recommendations and ranks laptops based on selected criteria. The launch aligns with the season as college students prepare for new academic purchases. Oscar Wong, Senior Director of Product Management, emphasized that this tool alleviates the confusion often associated with laptop shopping.
Newegg Commerce (NASDAQ: NEGG) has announced an extension of its internship program, introducing a fall session focused on graphic design, media production, and brand marketing. The six-week program, commencing in September, aims to provide high school and college students with hands-on experience in technology and gaming. The initiative encourages mentorship, collaboration across departments, and culminates in presentations for company leaders.
Newegg Commerce (NASDAQ: NEGG) has expanded its promotional sale, Just Deals Vol. 2, offering discounts on vital PC components such as GPUs, motherboards, and monitors. The sale will continue through mid-August, aiming to boost sales following the recent launch of JustGPU.com, a website dedicated to graphics cards. Customers can filter GPUs by various metrics, enhancing their shopping experience. Newegg emphasizes simplifying the purchasing process and providing competitive pricing in a strong market for gaming components.
Newegg Commerce, Inc. (NASDAQ: NEGG) has announced that its YouTube reality-competition series, “The Gamer Lounge,” will feature a new episode weekly. The show allows viewers to predict winners, with prizes including an Xbox Series S and Thrustmaster peripherals. Each episode showcases four players, including social media influencers, competing in various games. Originally a limited series starting July 2021, its weekly format reflects growing viewer interest. Newegg Studios plans further original content in 2022, emphasizing its commitment to engaging technology-focused media.
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