Newegg looking for further expansion

By on June 10, 2006, 8:40 PM
Computer parts and electronics online retailer Newegg.com has without a doubt one of the most solid presences among the enthusiast community. Whether you have bought from them or not, it's likely you have at least heard about them, with a reputation of wide selection, good prices and great service. Indeed, if you have ever read a forum discussion about the company you will probably come across one big complaint from users, it's not available everywhere.

Newegg has historically only made business with households in the US, and more recently in China. But that might change soon according to a story posted at Digitimes. The company is now trying to expand further through an acquisition or a wholly-owned new company, and has European buyers on its target.

Reportedly Newegg receives over 11 million unique visitors every month on its website, an impressive figure that even the largest technology websites on the net could envy. But it doesnít stop there; reports indicate that e-tailerís business keeps booming with daily sales in the range of $5-7 million and growing. I have to say that's not bad, not bad at all!

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.