Newegg Commerce, Inc. owns and operates Newegg.com, an online electronic products retail platform in the United States. The company offers computer hardware products, computers and tablets, electronic products, software, gaming products, cell phones and accessories, home appliances, home living and improvement products, health and beauty products, automotive and industrial products, outdoor and garden supplies, office and point of sale products, sporting goods, watches and jewelry, apparel and accessories, toys, and baby and pet products. The company also provides Newegg Logistics, a logistics solution to help e-commerce sellers and organizations streamline order fulfillment, shipment, and returns. It serves corporations, businesses, and individuals. Newegg Commerce, Inc. has a partnership with Payability, Inc. to launch Newegg Capital, a tech-enabled working capital solution for marketplace sellers. The company was founded in 2001 and is based in City of Industry, California. Newegg Commerce, Inc. operates as a subsidiary of Hangzhou Lianluo Interactive Information Technology Co.,Ltd.
IPO Year: 2010
Exchange: NASDAQ
Website: newegg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2023 | $3.50 | Outperform | Noble Capital Markets |
Benefits include free shipping, first access to new products and exclusive deals Newegg Commerce, Inc. (NASDAQ:NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced the launch of Newegg+, a free customer membership program that offers substantial benefits. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423399970/en/Newegg+, a new free customer membership program from Newegg, offers a variety of desirable benefits. (Graphic: Newegg) Newegg+ elevates the Newegg shopping experience by giving members priority services like free shipping on millions of products, exclusive
TikTok's new promotional campaign offers some of the best opportunities for customers to get incredible deals from Newegg before the holidays Newegg Commerce, Inc. (NASDAQ:NEGG), a global e-commerce leader for technology products, is ushering in the holiday spirit with its participation in the TikTok Shop Holiday Deals promotion. This promotional sale is now spreading holiday joy for customers looking for "doorbuster"-quality deals during the festive season. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231213801837/en/Shade Moore gets ready to go live on Newegg's TikTok channel to discuss deals during the TikTok Shop Holiday
Sharing deals with friends encourages them to join to unlock deals faster Newegg Commerce, Inc. (NASDAQ:NEGG), a global e-commerce leader for technology products, today announced the launch of Group Buy, a locked daily deal that requires a minimum number of customers to show interest to unlock it. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231113714995/en/Group Buy offers a sizable daily deal that unlocks when enough customers show interest. The current deal is for a keyboard. (Graphic: Newegg) Group Buy is an innovative Newegg e-commerce feature that combines community and social shopping elements. An aggressive daily dea
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Noble Capital Markets initiated coverage of Newegg Commerce with a rating of Outperform and set a new price target of $3.50
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6-K - Newegg Commerce, Inc. (0001474627) (Filer)
144 - Newegg Commerce, Inc. (0001474627) (Subject)
144 - Newegg Commerce, Inc. (0001474627) (Subject)
6-K - Newegg Commerce, Inc. (0001474627) (Filer)
Reports first half 2021 increases of 39.9% and 33.9% in net sales and gross margin, respectively Newegg Commerce, Inc. (NASDAQ:NEGG), a leading tech-focused e-retailer in North America, announced its financial results for the six months ended June 30, 2021. First Half 2021 vs. First Half 2020 Financial Highlights (unaudited) Net sales increased 39.9% to $1,206.9 million from $862.7 million Gross profit increased 33.9% to $166.9 million from $124.6 million Net income increased 14.0% to $21.6 million (or $0.05 per diluted share) compared to net income of $18.9 million (or $0.05 per diluted share) Operational Highlights as of June 30, 2021 Unique active customers: 4.2 million Re
On July 14, 2021, Hangzhou Lianluo Interactive Information Technology Co., Ltd ("Hangzhou Lianluo") issued a statement via a public filing in China stating that it believes that the gross merchandise value ("GMV"), net sales and net income of Newegg Commerce, Inc. (the "Company," "us," "our," or "we") for the six months ended June 30, 2021 are expected to increase over the GMV, net sales and net income for the same period in 2020. Hangzhou Lianluo is the controlling stockholder of the Company and is publicly traded on the Shenzhen stock exchange. Hangzhou Lianluo made this filing in order to comply with the rules and regulations of the Shenzhen stock exchange. The Company is correspondingly
Newegg Commerce, Inc. (NASDAQ:NEGG) (the "Company" or "Newegg") today announced that it has received a notification letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the "Nasdaq Minimum Bid Price Requirement"). The Notification Letter confirmed that the Company evidenced a closing bid price at or greater than the $1.00 per ordinary share minimum requirement for the last 10 consecutive business days from April 7, 2025 to April 21, 2025 and that the Company has regained compliance with the Nasdaq
Newegg Commerce, Inc. (NASDAQ:NEGG) (the "Company"), a global leader in e-commerce for technology products, today announced that the twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares will become effective on April 7, 2025 upon the filing of the Amended and Restated Memorandum and Articles of Association with the Registry of Corporate Affairs in the British Virgin Islands, which will result in a proportionate increase to the par value of the Company's common shares from $0.021848 per share to $0.43696 per share. As previously announced, the share combination was approved by the Company's board of directors and the controlling shareholders of
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, today launched its biggest promotion of the quarter: the Super Spring Sale. Starting now, customers can enjoy massive savings on hundreds of deals across gaming desktops, laptops, storage, surveillance, software, home appliances, and more. Shop the sale here. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325987370/en/(Graphic: Newegg) "We're kicking off the season with our biggest savings of 2025 so far," said Katie Lau, Director of Corporate Marketing at Newegg. "We've already seen several major product launches this year, and the Sup
Newegg Commerce, Inc. (NASDAQ:NEGG) (the "Company"), a global leader in e-commerce for technology products, today announced that its board of directors approved a twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares. The share combination was also approved by the controlling shareholders of the Company by written consent. The Company expects the share combination to become effective on or around April 7, 2025, at which time the Company's common shares will begin trading on a combined basis. The Company's common shares will trade under a new CUSIP number but will continue to trade on the Nasdaq Capital Market under the symbol "NEGG." The share
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, is excited to announce the launch of the highly anticipated AMD Ryzen 9 9950X3D and AMD Ryzen 9 9900X3D processors. Available now. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312068214/en/AMD Ryzen 9 9950X3D CPU (Photo: Newegg) AMD Ryzen™ 9 9950X3D and 9900X3D Pricing AMD Ryzen 9 9950X3D - $699.99 AMD Ryzen 9 9900X3D - $599.99 The AMD Ryzen™ 9 9950X3D and 9900X3D processors are the world's most advanced gaming desktop processors, equipped with 2nd generation AMD 3D V-Cache™ technology with up to 144MB of on-chip memory, the lar
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, is excited to announce the launch of the highly anticipated AMD Radeon RX 9070 and 9070 XT GPUs. Featuring AMD's cutting-edge RDNA™ 4 architecture, these next-generation graphics cards deliver exceptional performance for gaming, streaming and content creation at an incredible value. The new AMD GPUs go on sale on Newegg on March 6th at 6:00am PT. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250306011796/en/Sapphire AMD Radeon RX 9070 XT Nitro+ GPUs (Photo: Newegg) AMD RADEON RX RDNA 4 Technology The AMD Radeon RX 9070 and 9070 XT GPUs r
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, is thrilled to announce the availability of the highly anticipated NVIDIA GeForce RTX 5070 Ti GPUs. The RTX 5070 Ti builds off the incredible success of NVIDIA's RTX 5080 and RTX 5090 GPUs that launched in January with unprecedented demand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220390156/en/Gigabyte NVIDIA GeForce RTX 5070 Ti MASTER GPUs Source: Newegg The new NVIDIA RTX 5070 Ti will allow gamers, content creators, and PC enthusiasts to achieve amazing performance through the new NVIDIA 50 Series chipset as well as NVIDIA's DLS
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, experienced an overwhelming response to the highly anticipated launch of the NVIDIA GeForce RTX 50 Series GPUs, with inventory selling out within minutes. Gaming enthusiasts, content creators, system integrators, and PC builders rushed to secure the first batch of the latest AI-powered graphics technology, driving demand to unprecedented levels and cementing the RTX 50 Series as one of the most sought-after GPU launches in history. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250131110604/en/Source: Newegg Newegg will release more inven
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, is thrilled to announce the availability of the highly anticipated NVIDIA GeForce RTX 50 Series GPUs as well as new ABS gaming PCs equipped with the NVIDIA RTX 5090 and RTX 5080 GPUs. Gamers, content creators and PC enthusiasts will soon be able to purchase the latest in high-performance graphics technology directly from Newegg. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250123389944/en/ABS RTX 50 Series Gaming PC and GPU (Graphic: Newegg) NVIDIA 50 Series cards and systems are now listed on Newegg's website and will be available to p
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in computer and technology products, is excited to announce its upcoming FantasTech II Sale, running from October 7 through October 11. The highly anticipated sale event promises deep discounts on a wide selection of tech products, ranging from the latest laptops, computer components, gaming accessories, and smart home devices, to its home line of ABS Gaming Desktops, which are assembled by Newegg. Thousands of products will be on sale, targeting both casual shoppers and tech aficionados looking to upgrade their PCs and gear, in what will be one of the biggest sales of the year. This press release features multimedia. View the full releas