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 Commerce (NASDAQ: NEGG) has announced the launch of the new AMD Radeon RX 9070 and 9070 XT GPUs featuring AMD's RDNA™ 4 architecture. The graphics cards will be available on March 6th at 6:00am PT.
The new GPUs come equipped with AMD's HYPR-RX technology suite, including Radeon Anti-Lag, Fluid Motion Frames 2, and FidelityFX Super Resolution 4. Notable features include enhanced raytracing capabilities and 16GB of VRAM. Newegg will offer models from multiple manufacturers including ASRock, Sapphire, PowerColor, XFX, ASUS, GIGABYTE, and AORUS.
Pricing starts at $549.99 for the RX 9070 and $599.99 for the RX 9070 XT. Newegg's GPU Trade-In Program continues to be available, allowing customers to trade in existing GPUs for credit towards new purchases.
Newegg Commerce (NASDAQ: NEGG) has announced the launch of NVIDIA GeForce RTX 5070 Ti GPUs and related gaming PCs, available from February 20, 2025, at 6:00 am PST. The launch follows the successful release of RTX 5080 and RTX 5090 GPUs in January.
The company has reintroduced its Newegg Shuffle program for NVIDIA 50 Series GPUs, offering customers a random selection process to purchase high-demand products. Additionally, Newegg's Trade-In program allows customers to exchange older GPUs and CPUs for credit toward new technology purchases.
The RTX 5070 Ti features DLSS 4 technology with up to 8X higher frame rates, NVIDIA Reflex 2 with 75% reduced latency, fifth-generation Tensor Cores, and True 4K 240FPS capability. Newegg's in-house brand, ABS (ADVANCED BATTLESTATIONS), is launching a new line of gaming PCs equipped with RTX 5070 Ti GPUs, alongside offerings from other brands including Yeyian, MSI, Skytech, XIDAX, CyberPowerPC, and iBUYPOWER.
Newegg Commerce (NASDAQ: NEGG) reported a record-breaking launch of NVIDIA's RTX 50 Series GPUs, with inventory selling out within minutes. The launch generated unprecedented demand, with RTX 50 Series products dominating 18 of Newegg's top 25 most-visited product pages. The company experienced an 8-10x increase in site traffic, and search queries for '5080' and '5090' increased 25 times compared to the previous week.
The entire RTX 50 Series inventory sold out within 20 minutes, with most units claimed in just 5 minutes. Newegg offered products from manufacturers including ASUS, Gigabyte, AORUS, MSI, PNY, and ZOTAC, along with pre-built gaming desktops featuring the new GPUs. The company also highlighted its GPU Trade-In Program, launched in September 2023, allowing customers to trade in eligible pre-owned graphics cards and CPUs.
Newegg Commerce (NASDAQ: NEGG) has announced the availability of the new NVIDIA GeForce RTX 50 Series GPUs and exclusive ABS gaming PCs featuring these cards, launching on January 30, 2025, at 6:00 am PST. The lineup includes RTX 5090 and RTX 5080 GPUs with advanced features like DLSS 4, NVIDIA Reflex 2, and fifth-generation Tensor Cores.
The company's in-house brand, ABS, is introducing gaming PCs ranging from $2,499.99 to $4,699.99, featuring various configurations with Intel and AMD processors. Additional gaming PCs from AVGPC and Yeyian will also be available, priced between $2,699.99 and $4,299.99.
Additionally, ABS is entering the monitor market with a new 27-inch 180Hz QHD Gaming Monitor, featuring IPS panel technology, 1ms response time, and DisplayHDR 400 certification.
Newegg Commerce (NASDAQ: NEGG) announces its Black Friday Sale starting November 21, 2024, at 12:00 a.m. PST. The company introduces a Black Friday Price Protection Program valid through November 30, offering automatic refunds if prices drop after purchase. The sale features significant discounts on tech products, including gaming PCs, laptops, monitors, and components. Notable deals include an ABS Cyclone Gaming PC at $799.99 (20% off), ASUS ROG Swift 32" Monitor at $999 (23% off), and Intel Core i9-14900K at $449.99 (25% off).
Newegg Commerce, Inc. (NASDAQ: NEGG) announces its FantasTech II Sale from October 7 to October 11, offering deep discounts on a wide range of tech products. The sale includes thousands of deals across over 50 categories, featuring laptops, desktops, gaming accessories, and smart home devices. Highlights include:
- ABS Gaming Desktops with significant discounts
- Extended holiday returns policy through January 31, 2025
- Partnership with Affirm offering up to $200 off on eligible purchases
Jim Tseng, VP of Product Management, states it's 'truly the best time to buy or build your PC.' The sale targets both casual shoppers and tech enthusiasts, promising to be one of the biggest sales of the year.
Newegg Commerce (NASDAQ:NEGG) reported its first half 2024 results, showing a 14.5% decrease in net sales to $618.1 million compared to the same period in 2023. The company faced macroeconomic challenges and a slowdown in computer hardware sales. However, Newegg anticipates a rebound in the second half of the year, driven by expected upgrades of pandemic-era devices and the release of new AI-powered PCs.
Despite the sales decline, Newegg's adjusted EBITDA improved by 29% to $(7.3) million. The company is focusing on adjusting its size and structure to align with revenue outlook and is prioritizing core IT products and enhancing customer experience. Newegg also successfully renewed its credit agreement for an additional two years, providing borrowing capacity of up to $40-50 million depending on the time of year.
Newegg Commerce, Inc. (NASDAQ: NEGG) has launched a CPU Trade-In program on Newegg.com, expanding its trade-in offerings beyond the existing GPU Trade-In program. This new initiative allows customers to exchange their used CPUs for credit towards purchasing a new CPU from Newegg.
Additionally, Newegg has introduced a PC Trade-In program where customers can trade in eligible PCs when buying a qualifying Intel PC. These programs aim to provide customers with more options for upgrading their computer hardware while potentially saving money on new purchases.
Newegg Commerce, Inc. (NASDAQ: NEGG) has launched its 10th annual FantasTech Sale, running through July 19. The event offers record-breaking deals across over 50 product categories, including tech gear, appliances, and outdoor equipment. Highlights include:
- A 27" 180Hz gaming monitor for $99
- Laptop with 32GB RAM and 1TB SSD for $368.88
- Intel Core i9-13900K CPU for $399.99
- RTX 4070 GPU for $499.99
Additionally, approved customers can benefit from as low as 0% APR financing with Affirm throughout July. Orders between $100-$999.99 may be eligible for 0% APR 3-month financing, while orders over $1,000 may qualify for 0% APR 6-month financing.
Newegg has announced the presale for its 10th annual FantasTech Sale, live until July 14. The presale includes a price protection guarantee, ensuring customers benefit from maximum savings on early purchases. Major deals feature products like Intel and AMD processors, ASRock and Acer monitors, Lenovo laptops, MSI gaming laptops, and various tech accessories. During July, approved customers can also utilize 0% financing through Affirm for purchases over $100. Newegg aims to provide customers with confidence and value in their tech purchases, covering products from back-to-school gear to gaming essentials.
FAQ
What is the current stock price of Newegg Commerce (NEGG)?
What is the market cap of Newegg Commerce (NEGG)?
