Newegg Launches NeweggBusiness Marketplace Following Successful Pilot Program

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Tuesday, June 10th 2014

B2B Marketplace Provides Commerce Opportunities for Businesses of Any Size

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Newegg today announced the official launch of NeweggBusiness Marketplace (NEB2B), a third-party channel aimed at connecting B2B buyers and sellers with more comprehensive product selections and competitive pricing. Besides targeting businesses—both large and small—the program is designed to fit the needs of government sectors, educational institutions and nonprofit organizations as well.

“We’re very excited to officially announce the launch of NeweggBusiness Marketplace,” said Soren Mills, Chief Marketing Officer for Newegg North America. “With NeweggBusiness Marketplace, we’re providing an attractive online destination for businesses to buy and sell a multitude of products. It’s also a great way for businesses to magnify their brand awareness.”

NeweggBusiness Marketplace provides a wide variety of business products across 25 categories. From industrial-grade construction tools and equipment to office supplies and consumer electronics, the new B2B-focused marketplace provides a number of opportunities for businesses of any size: Industry-leading e-retailers, manufacturers and brick-and-mortar businesses looking to get an edge on the competition. NeweggBusiness Marketplace has been developed to accommodate a vast array of business-to-business commerce.

“The launch of NeweggBusiness Marketplace expands our assortment of complementary business products for our customers,” said Merle McIntosh, Newegg Head of B2B, North America. “With one of the lowest commission rates of any major online marketplace, NeweggBusiness Marketplace is an attractive proposition for sellers seeking access to over 150,000 registered business customers at NeweggBusiness.”

About Newegg Business Inc.

Newegg Business Inc. is a wholly owned subsidiary of Newegg North America Inc. It owns and operates NeweggBusiness.com which was founded in 2010. NeweggBusinessSM is a leading online e-tailer that specializes in providing an extensive assortment of IT products, services and solutions to businesses, government agencies and educational entities of all sizes, with unique expertise serving institutions with less than 200 employees. Additionally, it serves manufacturers systems integrators and value added resellers seeking a broad assortment of sharply priced IT products, technical support services and warehousing and logistics services all backed by an efficient and sophisticated, international supply chain. Newegg Business, Inc. is headquartered in the City of Industry, California.

About Newegg Inc.

Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 25 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site's online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg Inc. is headquartered in City of Industry, California. The Newegg Hybrid Center is located at 18045 Rowland St., City of Industry, CA 91748.

Contacts

Newegg Inc.
James Merk, 626-271-1420
james.j.merk@newegg.com

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