Welcome to our dedicated page for Newegg Commerce news (Ticker: NEGG), a resource for investors and traders seeking the latest updates and insights on Newegg Commerce stock.
Newegg Commerce Inc. (NEGG) maintains its position as a leading technology-focused e-commerce platform through strategic initiatives and marketplace innovation. This dedicated news hub provides investors and industry observers with essential updates about the company's operational developments, financial milestones, and market positioning.
Access official press releases, earnings reports, and verified news covering product launches, partnership announcements, and strategic expansions. Our curated collection serves as a reliable resource for tracking NEGG's performance in competitive digital retail markets, including updates on IT components sales, gaming product trends, and smart home technology advancements.
Key updates include quarterly financial disclosures, executive leadership changes, supply chain enhancements, and marketplace growth metrics. Bookmark this page for real-time insights into Newegg's logistics network improvements, vendor program updates, and customer experience initiatives that shape its North American and global operations.
For stakeholders monitoring the intersection of e-commerce and technology sectors, this repository eliminates fragmented information searches. Return regularly to stay informed about Newegg Commerce Inc.'s evolving role in connecting consumers with cutting-edge electronics through its dual retail and marketplace models.
Newegg (NASDAQ: NEGG) reported strong financial results for H1 2025, with net sales increasing 12.6% to $695.7 million compared to H1 2024. The company's growth was primarily driven by increased demand for GPUs and PC components, particularly following the launch of NVIDIA RTX 50 Series and AMD Radeon RX 9000 Series graphics cards.
Key financial metrics include a 13.7% increase in GMV to $849.1 million, a 26.5% rise in gross profit to $79.8 million, and significant improvement in Adjusted EBITDA to $11.3 million, up from a $7.3 million loss in H1 2024. The company's net loss narrowed to $4.2 million from $25.0 million year-over-year.
Operational metrics showed improvement with average order value increasing to $467 and active customers reaching 1.13 million. The company also announced plans to expand its ABS line to include high-performance workstations and launched an ATM offering program for working capital purposes.
Newegg Commerce (NASDAQ: NEGG) has launched the Newegg Gamer Community, a new digital platform designed to connect PC enthusiasts and gamers worldwide. The free-to-join community platform, accessible via Newegg.com and their mobile app, offers various interactive features including gaming news, PC hardware discussions, build showcase galleries, and DIY support.
Led by VP of Product Management Jim Tseng, this initiative represents Newegg's evolution from an e-commerce platform to a comprehensive ecosystem for PC culture. The community-first space emphasizes user interaction, technical support, and knowledge sharing among PC enthusiasts, marking the beginning of Newegg's broader strategy to expand its core community engagement.
Newegg Commerce (NASDAQ: NEGG) has launched its 11th annual FantasTech Sale, running from July 7 through July 13, 2025. The major sales event features thousands of tech deals across Newegg.com and Newegg.ca, covering more than 50 product categories.
The sale includes significant discounts on gaming laptops, desktop PCs, components, peripherals, and storage. Notable deals include 28% off Intel Core Ultra processors, 35% off CORSAIR memory and power supplies, and up to 51% off PC cases. Gaming desktops are discounted up to 29%, while gaming monitors see price cuts of up to 45%.
Newegg Commerce (NASDAQ: NEGG) has launched its 4th of July Sale, marking the beginning of its 11th annual FantasTech sales event running from June 30 through July 6, 2025. The sale features thousands of early tech deals with the company's FantasTech Price Protection program.
For the first time, the FantasTech Price Protection is being extended to the 4th of July Sale and Canada Day Sale. Products marked with the FantasTech Price Protection badge are eligible for automatic refunds if prices drop through July 13, 2025, with refunds processed by July 22, 2025.
Notable deals include an Intel Core i5-14600K Processor at $164.00 (50% off), an ABS Cyclone Aqua Gaming PC at $899.99 (18% off), and a Seagate Exos X20 20TB Hard Drive at $329.00 (46% off). The sale leads into the main FantasTech Sale from July 7-13, which will feature deeper discounts, including a special offer on an ABS Gaming PC with RTX 5060 GPU for $599.99.
Newegg Commerce (NASDAQ: NEGG) reported its fiscal year 2024 results, showing a decline in key metrics but improved cost management. Net sales decreased to $1.24 billion from $1.50 billion in 2023, while GMV fell to $1.53 billion from $1.81 billion. The company reduced its net loss to $43.3 million from $59.0 million in 2023.
Notable operational metrics include an average order value of $396, up from $379, though active customers decreased to 2.1 million from 2.5 million. The company implemented various cost-cutting measures, including warehouse consolidation and workforce alignment, resulting in reduced SG&A expenses and improved Adjusted EBITDA of ($9.5) million compared to ($21.3) million in 2023.
The company reported strong Q4 2024 performance driven by successful Black Friday campaigns and is experiencing positive momentum in Q1 2025 from new product launches, including NVIDIA GeForce 50 Series and AMD Radeon 9000 Series GPUs.
Newegg Commerce (NASDAQ: NEGG) has successfully regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notification letter from the Nasdaq Capital Market's Listing Qualifications Department. The company demonstrated a closing bid price of at least $1.00 per ordinary share for 10 consecutive business days from April 7, 2025 to April 21, 2025, satisfying the Nasdaq Listing Rule 5550(a)(2). As a result, the listing matter has been resolved.
Newegg, established in 2001 and headquartered in City of Industry, California, operates as a leading global online retailer specializing in PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. The company also provides businesses with e-commerce solutions including marketing, supply chain, and technical services through a single platform.
Newegg Commerce (NASDAQ: NEGG) has announced a twenty-to-one share combination (reverse stock split) effective April 7, 2025. The move will increase the par value of common shares from $0.021848 to $0.43696 per share.
The share combination, approved by the board and controlling shareholders, aims to maintain Nasdaq's minimum listing price requirements. While the CUSIP number will change to G6483G 209, NEGG will continue trading on the Nasdaq Capital Market. The combination will proportionally affect all shareholders, maintaining their percentage interests except for fractional shares, which will be exchanged for cash.
Computershare Inc. will serve as the exchange and paying agent for this transaction. Shareholders with questions are encouraged to contact Computershare (registered holders) or their respective financial intermediaries (beneficial holders).
Newegg Commerce (NASDAQ: NEGG) has launched its biggest promotion of 2025, the Super Spring Sale, running from March 25-31, 2025. The sale features significant discounts across multiple technology categories including gaming desktops, laptops, storage, surveillance, software, and home appliances.
Notable deals include gaming PCs starting at $849.99, laptops from $699.99, and various storage solutions like the Crucial T700 1TB SSD at $117.99. The company is also offering a special promotion for Newegg Store Credit Card holders, who can earn a $50 statement credit on purchases of $1,000 or more during the sale period.
The sale encompasses a wide range of products from popular brands including AMD, Intel, CORSAIR, MSI, and ASUS, with significant discounts on computer hardware, peripherals, and gaming equipment.
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