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Newegg Commerce, Inc. Common Shares - NEGG STOCK NEWS

Welcome to our dedicated page for Newegg Commerce Common Shares news (Ticker: NEGG), a resource for investors and traders seeking the latest updates and insights on Newegg Commerce Common Shares 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

Newegg Announces Fiscal Year 2023 Results and Fiscal Year 2024 Guidance

Rhea-AI Summary
Newegg Commerce, Inc. (NASDAQ: NEGG) announces fiscal year 2023 results and fiscal year 2024 guidance, highlighting new product launches, marketplace expansion, AI PC product line, and refurbished products. CEO Anthony Chow expresses optimism despite challenges, anticipating growth in AI-driven computing performance and consumer demand.
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-2.5%
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Newegg Launches Newegg+, a Free Future-Focused Customer Membership Program

Rhea-AI Summary
Newegg Commerce, Inc. (NASDAQ: NEGG) has launched Newegg+, a free customer membership program offering benefits such as free shipping, first access to new products, and exclusive deals. Members can enjoy priority services, including free shipping on millions of products, early access to new product launches, and exclusive member-only deals. Newegg+ aims to enhance the shopping experience by providing VIP-style benefits to its members. The program is designed to cater to customer needs and expectations, offering a cost-free and easy enrollment process.
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5.26%
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Advanced Battlestations Introduces AI Desktop PC Portfolio for Users of All Skill Levels to Easily Create with AI

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Advanced Battlestations, a desktop PC business of Newegg Commerce, introduces a new portfolio of AI-enabled high-end desktop PC systems exclusively available on Newegg.com. The ABS AI PC systems are designed for AI performance, preloaded with proprietary local AI software, and do not require cloud access. Users can create using AI with a suite of tools provided, including the ability to generate images from text or edit photos.
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-2.67%
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Newegg Makes Tech More Affordable for Students, Faculty and Staff with Affirm Offer

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Newegg Commerce, Inc. (NEGG) introduces a 10% discount for students, faculty, and staff using Affirm at checkout. The offer can be combined with other deals, applied on orders over $100, and used multiple times with an .edu email address.
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1.47%
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Intel Desktop Processors from Newegg Power Spring Upgrade Campaign featuring UC Santa Barbara Men’s Basketball Point Guard Ajay Mitchell

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University of California Santa Barbara's basketball player, Ajay Mitchell, partners with Newegg and Intel in a NIL co-marketing campaign to promote Intel Core 14th Gen processors for improved computer performance during March college basketball tournaments.
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Newegg Launches New Program from Likewize to Offer Customers Added Protection for Valuable Tech Investments

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Newegg Commerce, Inc. (NASDAQ: NEGG) introduces a new protection program from Likewize to offer customers peace of mind for eligible products sold on Newegg.com and the Newegg shopping app.
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4.04%
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Newegg Marketplace Gets Sellers on Path to Success at the Prosper Show 2024

Rhea-AI Summary
Newegg Marketplace, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), will exhibit at the Prosper Show 2024 in Las Vegas, showcasing its premier platform for sellers to reach tech-savvy customers and highlighting key marketplace offerings like Newegg Media and Sponsored Product Ads.
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5.1%
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Newegg Debuts Newegg Refreshed Program to Offer Quality Resale Products at Low Prices

Rhea-AI Summary
Newegg Commerce, Inc. (NEGG) launches Newegg Refreshed, a refurbishment program offering pre-owned tech products at competitive prices. The program includes Apple products, graphics cards, desktop PC systems, and mobile phones. Customers can trade in unwanted PC hardware and find refurbished products on Newegg.com and the Newegg app. The program is backed by the Newegg Refreshed Guarantee, allowing for returns within 90 days. Newegg is also offering a Zip promotion for 15% off Apple refurbished products through Feb. 28.
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2.5%
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Newegg Seeks to Strengthen Tech E-Commerce Leadership as 2024 Consumer Electronics Show Exhibitor

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Newegg Commerce, Inc. (NEGG) to Showcase E-commerce Acumen at CES 2024, Join TikTok Shop Event
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Newegg Announces Q3 2023 Results

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Newegg Commerce, Inc. (NASDAQ: NEGG) announced its nine-month results and revised guidance for 2023. Despite lower-than-expected results due to macroeconomic conditions and declining consumer demand, the company is launching new initiatives and focusing on streamlining operations. The company also announced a $10.0 million share repurchase program. However, the financial highlights show a decrease in net sales, GMV, gross profit, and an increased net loss and adjusted EBITDA.
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5.13%
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FAQ

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

The current stock price of Newegg Commerce Common Shares (NEGG) is $0.5701 as of November 21, 2024.

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

The market cap of Newegg Commerce Common Shares (NEGG) is approximately 219.9M.

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.

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Newegg Commerce, Inc. Common Shares

Nasdaq:NEGG

NEGG Rankings

#3771 Ranked by Market Cap
N/A Ranked by Dividends

NEGG Stock Data

219.88M
23.89M
93.84%
0.26%
0.28%
Internet Retail
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