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Newegg history
Newegg company history timeline
Newegg.com grew an additional 30% in 2005, bringing annual sales to about $ 1.3 billion.
Newegg held a monthly status contest in 2005 where contestants submitted photos, descriptions, and briefs explaining how to personalize their computers with esoteric looks and functions.
In 2006 the $1.3 billion (sales) computer equipment and electronics retailer debuted at #300 out of 394 companies.
Zhang was Chairman and CEO of Newegg until August 1, 2008, when it was announced that he would step down as CEO and Chairman while remaining on the Board and Executive Committee.
Sales in China have increased to $136 million last year, a 334% increase over 2008, and the online specialty retailer is betting the region will fuel future growth.
And while sales did increase in 2009, the company's bottom line took a hit, down 14%, for the first time in five years.
As of 2009, it was listed as number 234 on Forbes America’s largest private company.
Newegg launched Marketplace in 2010 and revenues exceeded $ 2.5 billion that year.
In April 2020, Newegg announced Newegg Staffing, a recruitment agency serving the logistics, manufacturing, administration, and supply chain management industries.
In August 2020, the company expanded its internal staffing agency to the Midwest and East Coast with new locations in Indianapolis, Indiana, and Edison, New Jersey.
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Newegg competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| uBid | 1997 | $1.0M | 50 | - |
| Folica | 1999 | $5.4M | 50 | - |
| GameFly | 2002 | $17.0M | 70 | - |
| j5create | 2009 | $12.0M | 175 | - |
| Womack Machine Supply | 1953 | $37.5M | 350 | 13 |
| Harland Clarke | 1923 | $1.0B | 9,000 | - |
| Squarespace | 2003 | $1.0B | 797 | 38 |
| Outlook Amusements | 2000 | $5.9M | 75 | - |
| Esalon.com | - | - | 31 | - |
| eCampus.com | 1999 | $54.0M | 75 | - |
Newegg history FAQs
Zippia gives an in-depth look into the details of Newegg, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Newegg. The employee data is based on information from people who have self-reported their past or current employments at Newegg. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Newegg. The data presented on this page does not represent the view of Newegg and its employees or that of Zippia.
Newegg may also be known as or be related to Newegg, Newegg Inc, Newegg Inc. and Newegg, Inc.