Newegg Commerce, Inc., is an American online retailer of items including computer hardware and consumer electronics.
[7][8][10] On September 28, 2009, Newegg Inc filed for an IPO (initial public offering) with the U.S. Securities and Exchange Commission.
[9] On June 15, 2017, during London Tech Week, Newegg announced a global expansion plan[14] to serve key parts of Asia Pacific, Europe, Latin America, and the Middle East.
[16] In 2016, Liaison Interactive (SZSE: 002280), a Chinese technology company, acquired a majority stake in Newegg in an investment deal.
[19] In January 2017, Indiegogo and Newegg announced a partnership[20] whereby Newegg provides select crowdfunding campaigns with social exposure; guidance on go-to-market and sales strategies; and assistance with order fulfillment, shipping, and logistical options to help get their products into customer's hands quickly and efficiently.
[33] In August 2020, the company expanded[34] its in-house staffing agency to the Midwest and East Coast with new locations in Indianapolis, Indiana, and Edison, New Jersey.
[36] The problem was first exposed by a member of the website HardOCP who posted on the site's forum about receiving the fake CPU.
[38] The company offered replacement units to the customers who received counterfeit processors, while Intel stated that they had been made aware of the problem and were investigating as well.
[41] In September 2018, Newegg announced that malicious code had been placed on their servers for over a month, allowing hackers to access customers' credit card information upon checkout.
[42] In February 2022, the YouTube channel Gamers Nexus uploaded a video detailing business practices in regard to Newegg's RMA department.
[45] Newegg has sponsored gaming tournaments for titles including Counter-Strike, Warcraft III, and Rome: Total War.
[49] On February 10, 2010, Newegg was sued by three former employees accusing it of numerous labor and business cases of abuse, such as violating "a slew of labor laws, overworking and abusing immigrant workers, and ordering employees to hack into competitors' computer systems".
[50] In an official statement denying the claims in the lawsuit, the company stated: Newegg is aware of the allegations made by two former employees and a former consultant.
Accordingly, we strongly deny the assertions made by the individuals filing this lawsuit and intend to defend ourselves vigorously and thoroughly against claims that have neither merit nor basis in fact.
[52] In January 2013, Newegg won a victory over Soverain Software when the Court of Appeals for the Federal Circuit overturned the district court ruling in favor of Soverain and invalidated a shopping cart patent by citing prior art from 1984, CompuServe’s Electronic Mall.
Whitfield Diffie and Ron Rivest, the inventors of public-key cryptography and RC4 encryption respectively, testified for Newegg.