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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 (NASDAQ: NEGG) announces its March 2022 sales calendar, featuring substantial discounts across various product categories. The Madness Sale runs throughout March, starting with the 'Let the Games Begin' promotion from March 1-7, followed by special deals for gamers from March 8-14. Discounts will focus on PC hardware from March 15-21, network equipment from March 22-28, and conclude with 'Mega Deal Madness' from March 29-31. Additionally, flash sales will be available for 72 hours throughout the month.
Newegg has announced a custom-built gaming PC themed around the new game Dying Light 2 Stay Human. This unique PC, featuring a 12th generation Intel Core i9-12900K, is part of an Intel sweepstakes, with a retail value of approximately
Newegg Commerce, Inc. (NASDAQ: NEGG) has partnered with Affirm (NASDAQ: AFRM) to offer flexible pay-over-time options for customers shopping on Newegg.com. This new option allows purchases over $100 to be split into simple monthly payments without hidden fees. Affirm’s survey indicates that over half of Americans are interested in such payment solutions during the holiday season. Newegg's CEO Anthony Chow emphasized this collaboration enhances customer payment flexibility, aligning with current consumer demands.
Newegg Commerce, Inc. (NASDAQ: NEGG) reaffirmed its financial guidance for 2021, expecting net sales of approximately $2.4 billion and net income between $36.3 million and $40.3 million. The company anticipates a strong fourth quarter, driven by holiday demand. Key initiatives include opening two distribution centers and launching a same-day delivery service in Southern California. Newegg also approved the grant of 7.4 million restricted stock units to executives, and its CEO's new employment agreement includes a base salary of $1.1 million.
Newegg Commerce (NASDAQ: NEGG) has announced its acceptance of Shiba Inu (SHIB) cryptocurrency as a payment option starting in December. This move is part of a major promotional campaign, highlighted by a grand display on North America’s largest DOOH billboard located in Downtown Los Angeles. Newegg, a pioneer in cryptocurrency acceptance since 2014, aims to enhance customer shopping experiences by offering more flexible payment options through its partnership with BitPay.
Newegg Commerce, Inc. (NASDAQ: NEGG) has unveiled two new distribution centers in Atlanta, GA and Ontario, CA, expanding its operational footprint to eight facilities across the U.S. The Atlanta center spans over 200,000 sq. ft., enhancing service efficiency for customers in the Southeast. Meanwhile, the Ontario facility, operational since mid-September, improves logistics and order fulfillment, particularly for Southern California. With this expansion, Newegg's total distribution space exceeds 2.1 million sq. ft., reflecting its commitment to rapid delivery and customer satisfaction.
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