Newegg Announces Partnership Agreement with China's Yunnan Province Department of Commerce
10/31/2011 Press Release
--Newegg Customers in North America and Around the World Will Have Access to Unique Products Created in Yunnan Province, including Hogood Coffee--
CITY OF INDUSTRY, Calif., October 31, 2011 -- Newegg Inc., the second-largest online-only retailer in the United States, is proud to announce a partnership with the Yunnan Province Department of Commerce in China that will allow corporations and merchants in Yunnan to sell their products on Newegg.com. The partnership agreement was announced today at a press conference at the Pacific Palms Hotel & Conference Center in City of Industry, California.
Participants at the press conference included Fred Chang, Founder, Chairman and CEO of Newegg Inc., Dr. S.C. Lee, CEO of Newegg North America, as well as Xiaoyang Zhu, the General Director of the Department of Commerce of Yunnan Province. Initial products from Yunnan to be available on Newegg.com will include Yunnan's high-altitude grown Hogood Coffee, China’s first and largest coffee brand, as well as other products. Newegg has future plans to expand into additional product categories.
Noted Dr. Lee: "Newegg is committed to providing our customers the very best selection of products and offering them at the best prices, backed by our impeccable, unmatched service. This partnership with the Yunnan Province Department of Commerce represents a significant step in pursuing our goal of becoming a leading, global e-commerce provider and making more products from around the world available to Newegg customers.”
Mr. Zhu said: “Yunnan Province has many unique and beneficial products that will appeal to consumers around the world. The Department of Commerce of Yunnan Province is very pleased to have partnered with a company with such a fine reputation as Newegg to help us achieve our goal of exporting these products. Together, we look forward to opening the global market, and easing the process of exporting our many offerings to the West.”
Newegg.com offers customers a huge selection of products with detailed specifications, more than two million customer reviews, and high-resolution photo galleries. Newegg is a one-stop shop for holiday shoppers, featuring the latest in consumer electronics, computer components, home theater products, appliances, movies, video games and much more.
About Newegg Inc.
Newegg Inc. is the second-largest online-only 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 16 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.
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