Newegg Commerce Inc
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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value
Company profile

Newegg Commerce, Inc. is a technology-focused e-commerce company in North America. The Company has developed an online marketplace that delivers value to consumers, brands, and sellers in the technology products sector. It operates business-to-consumer (B2C) platforms, business-to-business (B2B) operations, and other online platforms. Its B2C platform focuses on selling information technology (IT) products, through its platforms, namely Newegg.Com, Newegg.Ca, And Newegg Global. The Company’s B2B platform focuses on providing office and IT equipment, through its neweggbusiness.com platform. Its platforms offer a suite of e-commerce solutions, including product listing, fulfillment, marketing, customer service and other value-added tools and services. The Company’s product categories offered through its platforms, such as computer system, components, electronics, gaming, networking and smart home, office solutions, software and services, automotive and industrial, and health and sports.

Closing Price
$2.02
Day's Change
0.06 (3.06%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.12
Day's Low
1.94
Volume
(Light)
Volume:
975,007

10-day average volume:
9,450,430
975,007

Elon Musk: Google's Alphabet had 'standing interest' in buying Tesla

4:13 pm ET January 23, 2023 (MarketWatch)
Print

Google's parent Alphabet Inc. (GOOGL)(GOOGL) had a "standing interest" in buying Tesla Inc. (TSLA) back in 2018, Chief Executive Elon Musk said in court Monday, referring to an earlier deposition. That factored into Musk's decision to try to take Tesla private then, the CEO said. Musk is under cross-examination by his lawyer, Alex Spiro, after an hours-long examination by a plaintiff's attorney in which he said his "funding secured" tweet was "absolutely truthful" as he had initial commitments from a Saudi Arabia investment fund and also could have sold part of his stake in privately held SpaceX.

-Claudia Assis

	

(END) Dow Jones Newswires

January 23, 2023 16:13 ET (21:13 GMT)

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