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PingPong to Facilitate Payment Transactions for Chinese Sellers on Newegg

2017/04/25 Press Release

Partnership is Newegg’s Latest Move to Bring a Wider Array of Products to Customers

April 25, 2017 – Los Angeles, CA – Newegg, the leading tech-focused e-retailer in North America and a growing force in global e-commerce, today announced its collaboration with PingPong to make it easier for Chinese sellers to collect payment from their customers on Newegg. Streamlining this purchase process helps Chinese sellers provide Newegg’s millions of customers the latest technology products.

“Our relationship with PingPong gives our customers quicker access to the latest and most innovative products from China,” said Danny Lee, CEO at Newegg. “Newegg has long been known as the best destination to find great prices on technology, and now our customers will get manufacturer-direct prices on an even broader portfolio of products.”

PingPong’s payment service is a secure, cost-effective solution that helps Chinese sellers overcome the challenges of cross-border online sales. Chinese sellers can now use PingPong to collect money from purchases made on Newegg.

The Newegg/PingPong collaboration is expected to bring additional Chinese sellers to Newegg in the next six months, giving these sellers direct access to Newegg’s 30M+ customers. To make the most of this opportunity, PingPong and Newegg will provide strong support for these new sellers by combining Newegg’s established sales platform and marketing expertise with PingPong’s modern, secure payment system.

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About Newegg Inc.
Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (http://www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 28 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 Centers are located in City of Industry, CA and Richmond Hill, Ontario.



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