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.
Newegg Commerce (NASDAQ: NEGG) has launched its FantasTech Sale II, a significant four-day event featuring deep discounts on various tech products. Running until October 13, 2023, the sale highlights deals on gaming notebooks, CPUs, TVs, and more, aimed at helping customers kickstart their holiday shopping. Newegg emphasizes providing substantial value for tech enthusiasts and aims to deliver great deals through collaboration with brand partners.
Newegg Commerce (NASDAQ: NEGG) has introduced the Newegg Creator program at TwitchCon San Diego 2022, aiming to engage tech-savvy video creators. The program seeks influencers passionate about tech and gaming to collaborate with Newegg, offering opportunities to earn commissions and attend exclusive events. The initiative highlights Newegg's position as a leading online retailer for gaming and tech products, enhancing its marketing through strategic influencer partnerships.
The Advanced Battlestations EKLR gaming PC has been launched by Newegg in partnership with GIGABYTE, Intel, and OLOy. Endorsed by NFL star Austin Ekeler, this limited-edition PC aims to combine exceptional performance with charitable causes. Only 30 units are available, reflecting Ekeler's jersey number, and proceeds will benefit the Austin Ekeler Foundation. The PC is sold exclusively as a bundle with a GIGABYTE monitor, further enhancing its appeal among gamers and fans alike.
Newegg Commerce (NASDAQ: NEGG) is participating in the four-day Zip Fest sales event, offering customers a 15% discount (up to $100) on purchases of $350 or more when using Zip payment at checkout. This promotion is live until 11:59 p.m. PT on October 2, 2022. The partnership aims to provide customers with flexible payment options, enhancing purchasing power ahead of the holiday shopping season. Excluded categories for this promotional offer include gift cards, digital games, and refurbished items.
Newegg Commerce, Inc. (NASDAQ: NEGG) has announced the availability of AMD Ryzen™ 7000 Series Desktop Processors at Newegg.com. The processors include the Ryzen 5 7600X, Ryzen 7 7700X, Ryzen 9 7900X, and Ryzen 9 7950X, featuring advanced capabilities like up to 16 cores and optimized performance based on TSMC's 5nm technology. These processors promise significant gains in single-core and gaming performance. Additionally, Newegg is offering pre-orders for gaming PCs equipped with these processors. The retail partnership with AMD positions Newegg as a key player in the tech e-commerce space.
Newegg, a leading global tech e-commerce retailer, has announced a significant promotion on Advanced Battlestations (ABS) gaming PCs in collaboration with Affirm. Customers can receive a 15% discount (up to
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.
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