STOCK TITAN

Newegg Commerce Inc - NEGG STOCK NEWS

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.

News
Rhea-AI Summary

Newegg, a prominent e-commerce company, has announced its first-ever Newegg+ Week, an exclusive online sales event from June 17-23, 2024. This event is specifically for Newegg+ members, providing them with exceptional deals on various tech products. Newegg+ is a free membership program introduced in April 2024, offering benefits like free shipping, early access to products, discounts on warranties, enhanced return policies, and dedicated customer service. Featured deals include items like gaming PCs, monitors, SSDs, and gaming accessories, reflecting Newegg's focus on tech-savvy consumers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.41%
Tags
none
-
Rhea-AI Summary

Newegg Marketplace, a division of Newegg Commerce (NASDAQ: NEGG), will participate in Mobile Disrupt 2024 on June 18-19 at The Bellagio, Las Vegas. The event spotlights the secondary phone market, offering Newegg a chance to expand its refurbished mobile phone inventory. Key highlights include a 3% commission rate for new sellers for the first 90 days, versatile Sponsored Product Ads to boost reach and sales, and robust marketing tools. Newegg aims to connect with tech enthusiasts and explore partnerships at Booth #E07, leveraging the event to grow its secondary mobile phone business.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
none
-
Rhea-AI Summary

Newegg Marketplace, a division of Newegg Commerce, announced it will exhibit at the Retail Innovation Conference and Expo 2024 (RICE) on June 5-6 at McCormick Place, Booth #602 in Chicago. This event provides a chance for Newegg Marketplace to attract new sellers and expand its product categories. The company has already achieved success at two seller-focused events in Las Vegas this year.

Newegg will showcase its low 3% commission rate for new sellers for the first 90 days, versatile Sponsored Product Ads, and a robust suite of marketing tools designed to enhance seller sales potential. Newegg aims to connect with millions of tech enthusiasts through its platform. Ray Chung, Senior Category Manager, highlighted the importance of participating in RICE 2024 to continue this growth momentum.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
none
Rhea-AI Summary

Newegg has introduced SellingPilot, a new SaaS platform designed to streamline multichannel marketplace management for online sellers. This innovative solution integrates with major e-commerce platforms like Amazon, Walmart, and eBay, offering advanced tools for inventory and sales management. Key features include intelligent product selection based on AI-driven data analysis, influencer marketing support, AI-powered customer service, optimized product listings, and competitive price tracking. SellingPilot aims to enhance operational efficiency and sales through a user-friendly interface and a Chrome extension for additional functionalities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
none
-
Rhea-AI Summary

Newegg (NASDAQ: NEGG) will make its largest appearance at COMPUTEX 2024 in Taipei, Taiwan from June 4-7, 2024. The company will showcase its ABS AI-enabled PCs, featuring various advanced AI software, and SellingPilot, a new SaaS platform for marketplace sellers. Newegg's booth will be located at Hall 1, 4F, Booth #N0602. The event will also feature displays from eight key APAC PC component partners. Newegg aims to connect with manufacturers and industry leaders, showcasing its AI capabilities and new tools for e-commerce success.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6%
Tags
AI
-
Rhea-AI Summary

Newegg has launched its annual Father's Day Sale, running from May 28 through June 3, offering a range of tech deals to help families shop for gifts early. Deals include discounts on laptops, desktop PCs, monitors, and more. Notable offers feature Lenovo, ASUS, Acer, and HP laptops, with prices starting at $449. Exclusive deals are available for Newegg+ members. The sale also includes gift cards, desktop processors, storage devices, and Samsung and LG TVs. This promotion aims to cater to tech-savvy consumers and offers gifts suited to various tastes and budgets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
none
Rhea-AI Summary

Newegg, a leading e-commerce company specializing in computers and consumer electronics, will host its second annual PC Builder Competition at COMPUTEX 2024 in Taipei. The event is scheduled for June 7 at 10 a.m. National Standard Time in the Taipei Nangang Exhibition Center Hall 1, 4th Floor, Area M. Five Taiwan-based DIY PC assemblers will compete to build the ultimate desktop PC system from parts provided by leading component manufacturers. The event will be narrated in English and Chinese with AI-translated subtitles. The winner will receive a trophy and bragging rights, while all successful builders will keep their newly assembled PCs. The competition aims to demonstrate how easy it is to build a PC using Newegg's AI-based online tool. Last year's event, held in April 2023, was a success, attracting over 1,400 applicants and a sizable crowd.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
none
-
Rhea-AI Summary

Newegg Commerce (NASDAQ: NEGG) has announced the exclusive North American retail launch of AMD's new EPYC 4004 Series Processors. These high-performance CPUs are available for preorder through Newegg and Newegg Business. The processors cater to small and medium businesses, offering low-cost solutions for IT infrastructure upgrades. Newegg Business will also host a free webinar on June 26, 2024, to discuss the processors' features and performance. The AMD EPYC 4004 Series aims to replace outdated servers and PCs, supporting various business workloads, including retail transactions, security analytics, and inventory management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.31%
Tags
none
-
Rhea-AI Summary

Newegg has launched its 2024 Memorial Day Sale, offering significant discounts on laptops, desktop PCs, monitors, and more. The sale runs until May 27, 2024.

Highlighted deals include the Lenovo LOQ Gaming Laptop for $929, the Lenovo T16 Gen 2 Business Laptop for $1,319.99, the ASUS ZenBook Pro Duo for $1,879, and the iBUYPOWER Y40 Gaming Desktop for $2,019.99. Monitors and digital games are also discounted, such as the IPASON E2429G-Z 23.8" 1080P 144Hz Gaming Monitor for $79 and NBA 2K24 (Xbox Series X|S) Digital Code for $13.99.

Newegg aims to provide great deals on tech products, helping customers enjoy the summer with both entertainment and productivity tools.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.31%
Tags
none
Rhea-AI Summary

Newegg, a leading global e-commerce company, announced the launch of a new online Student Store aimed at college students, recent graduates, faculty, and staff with a .edu email address. The store features curated products like laptops, desktop PCs, and resale Apple products tailored for students.

Current offers include 8% off select ASUS laptops with the promo code ASUS8ST and 10% off orders of $100 or more with Affirm using promo code AFFIRMEDU, available throughout 2024 while funds last. The deals are stackable, allowing for maximum savings.

The store also offers tools like Laptop Finder and Gaming PC Finder to assist in shopping decisions, as well as refurbished products with a 90-day guarantee.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.81%
Tags
none

FAQ

What is the current stock price of Newegg Commerce (NEGG)?

The current stock price of Newegg Commerce (NEGG) is $0.4523 as of February 21, 2025.

What is the market cap of Newegg Commerce (NEGG)?

The market cap of Newegg Commerce (NEGG) is approximately 185.4M.

What does Newegg Commerce, Inc. specialize in?

Newegg specializes in consumer electronics, computer components, entertainment, smart home, and gaming products.

Where is Newegg Commerce, Inc. headquartered?

Newegg Commerce, Inc. is headquartered in the City of Industry, California.

How does Newegg ensure efficient delivery?

Newegg operates multiple distribution facilities across the U.S. and Canada for efficient product delivery.

Does Newegg offer a marketplace for third-party sellers?

Yes, Newegg provides an online marketplace platform with robust fulfillment and marketing services for vendors.

How can I start selling on Newegg.com?

You can start selling on Newegg by visiting their Seller Portal at newegg.io/sellers for comprehensive support.

What regions does Newegg serve?

Newegg serves customers globally, including North America, Europe, South America, Asia Pacific, and the Middle East.

What makes Newegg's customer service highly rated?

Newegg is regularly recognized for its industry-leading customer service, ensuring a superior shopping experience.

What recent achievements has Newegg accomplished?

Newegg has expanded its global logistics services and continues to innovate in personalized shopping experiences and rapid delivery.

When was Newegg Commerce, Inc. founded?

Newegg Commerce, Inc. was founded in 2001.

What types of products can be found on Newegg?

Newegg offers a wide range of products including consumer electronics, IT components, entertainment, smart home devices, and gaming products.
Newegg Commerce Inc

Nasdaq:NEGG

NEGG Rankings

NEGG Stock Data

185.35M
34.37M
91.14%
0.26%
0.22%
Internet Retail
Surgical & Medical Instruments & Apparatus
Link
United States
HAIDIAN DISTRICT, BEIJING