Sunday 16 October 2016

Newegg Now Owned by Chinese Company

Newegg Now Owned by Chinese Company

The Wall Street Journal's earlier report about an expected record-setting 2016 in regards to chinese investment in the United States was right. Newegg Inc., one of the most popular online tech-related retailers, is now reportedly owned by chinese company Hangzhao Liaison Interactive Information Technology Co., Ltd. (Liaison Interactive). After September's reports of a significant investment from the Chinese company on Newegg, which would allow the California-based company to "accelerate the pursuit of the company's strategic initiatives" and into high-growth markets such as eSports...
Read more: https://www.techpowerup.com/226777/newegg-now-owned-by-chinese-company?source=Snapzu

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