GameCrate
 |
|
| Private | |
| Industry |
Computers Computer hardware Computer software Consumer electronics Consumer (final) goods |
| Founded | 2000 |
| Founders | Fred Chang |
| Headquarters | City of Industry, California, U.S. |
|
Key people
|
Fred Chang (global CEO) |
| Products | Computer hardware, software, peripherals, gaming, electronics, accessories, DVDs, housewares, appliances, tools, furniture, office products and more |
| Revenue |
 US$2.65 billion (2016) |
 US$24.9 million (2009) |
|
| Owner | Liaison Interactive (: 002280) |
|
Number of employees
|
2,500 (2016) |
| Website | newegg.com |
Newegg Inc. is an online retailer of items including computer hardware and consumer electronics. It is based in City of Industry, California, in the United States.
In 2016, Liaison Interactive (: 002280), a Chinese tech company, acquired majority stake in Newegg in an investment deal.
The company was founded by Fred Chang, a U.S. immigrant from Taiwan, in 2000. Chang was Newegg's chairman and CEO until August 1, 2008, when it was announced he would step down as CEO and chairman while remaining a member of the board of directors and executive committee. He was succeeded by Tally Liu. Chang also retained his position as President of Newegg's Chinese operations. In 2010, upon the departure of Liu, Chang took up his old role as CEO of the company.
In 2005, Newegg.com was named one of the Internet's Top 10 retailers by Internet Retailer Magazine, with 2004 sales revenue of just under $1 billion. Newegg.com grew an additional 30% in 2005, bringing annual sales to approximately $1.3 billion. Newegg launched NeweggMall.com in July 2008, Newegg.ca in October 2008, and NeweggBusiness.com in August 2009. In 2009, it was listed as No. 234 on the Forbes America's Largest Private Companies list. It launched Newegg Marketplace in 2010 and exceeded $2.5 billion in revenue that year. The company has about 2,500 employees.
Newegg also sponsors technology industry events and PC gaming tournaments for titles including Counter-Strike, Warcraft III and Rome: Total War. Newegg had a monthly case mod contest in 2005 in which contestants submitted pictures, descriptions, and directions describing how to personalize their computers with esoteric appearances and functions.
In November 2016, Newegg announced a new checkout feature that lets Newegg.com customers choose to have their package held for pickup at one of more than 2,500 FedEx Corp. locations, including 1,800 FedEx retail stores.
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Wikipedia