Newegg Becomes a One-Stop Marketplace with NeweggMall.com
5/27/2008 Press Release
Top 10 internet retailer expands into general merchandise# # #
CITY OF INDUSTRY, Calif. – Newegg Inc., top online retailer of computer and consumer electronics products, announced today the launch of NeweggMall.com, the ultimate online shopping destination for general merchandise. NeweggMall.com will bring customers the same great service and low prices they have come to expect from Newegg.com.
With over 15,000 unique products available, NeweggMall.com offers shoppers nationwide the full spectrum of in-demand product categories such as Auto Parts and Hardware, Apparel and Accessories, Jewelry, Beauty, Travel, Home and Garden.
“NeweggMall.com represents a natural evolution for our company,” said Tally Liu, president of Newegg. “Our success is the result of always putting our customer needs first as we have learned in our experience within the IT and CE market. Through NeweggMall.com, we will apply those same customer-centric principles to the mass merchandise market.”
Named by Internet Retailer among the top 10 e-commerce sites in revenue, Newegg.com attributes its success to the company’s focus on rich content, unparalleled product selection, exceptional prices and superior shipping and service. Also named third largest in year-over-year growth, the company sees NeweggMall.com as a vehicle to accelerate growth by optimizing purchasing trends.
“Online shoppers are more sophisticated, than ever before” said Judy Woo, general manager, NeweggMall.com. “They better understand the value of shopping online – time savings, cost savings and simplicity. NeweggMall.com is a perfect complement to our business, offering our customers the products they demand, when they need them.”
Visit www.neweggmall.com for a tour and to choose between hundreds of great deals available.
Newegg.com is the second-largest online-only retailer in the United States, attracting more than 8.7 million registered users and earning industry-leading customer service ratings. Founded in 2001, Newegg Inc. attained approximately $1.9 billion in net sales in 2007. At its award-winning Web site, www.newegg.com, shoppers can compare a comprehensive selection of the latest high-tech products, view detailed descriptions, pictures, how-to information and customers reviews, and interact with members of the technology enthusiast community. Newegg.com is headquartered in City of Industry, Calif. For more information, visit www.newegg.com.
Newegg Mall is a subsidiary of technology internet retailer Newegg, Inc. Launched in 2008, it specializes in selling general merchandise--such as apparel, accessories, auto, home living, jewelry & watches, and outdoor & garden--the Newegg way, with good prices and great customer service. NeweggMall.com is headquartered in City of Industry, Calif. For more information, visit www.neweggmall.com.
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