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StockNews.com
StockNews.com
Business
Subhasree Kar

Is Newegg Commerce a Good Stock to Own?

Tech-focused e-commerce company Newegg Commerce, Inc. (NEGG) in City of Industry, Calif., sells electronics that operate business-to-consumer (B2C) platforms, business-to-business (B2B) operations, and other online platforms. The company offers PC components, consumer electronics, smart home, and gaming products. Last month, NEGG announced that BuildENIAC Inc., its PC assembly division, recently received ISO 9001:2015 certification for Quality Management Systems. “This ISO certification is a result of BuildENIAC’s commitment to becoming the leading source for the highest quality gaming PCs in the world,” said Vishal Mane, head of BuildENIAC.

Also, the company has been expanding its presence in North America, introducing two new distribution centers in Atlanta, Ga.,  and Ontario, Calif. NEGG now has eight distribution facilities located throughout the United States.

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