Chinese company now has majority ownership of Newegg

[mb]

https://www.techpowerup.com/226777/newegg-now-owned-by-chinese-company

Because Neweggs customer service wasn't crappy enough already.

 

[manly]

ugh, that's not a good thing unless the ownership group is selling high, waiting for a market correction, then buying back in at a big discount.

 

[BoomerD]

Huh...I always thought Newegg was Chinese owned.

 

[TheGardener]

Kind of makes sense. The majority of their products are made in China.

 

[BoomerD]

Kind of makes sense. The majority of their products are made in China.

You could say that about almost every retailer in the USA.

 

[TheGardener]

You could say that about almost every retailer in the USA.

Give it a few more years.

 

[DesiPower]

Entire Banana republic of America is owned by China, even the next in line queen is actually a Chinese humanoid.

 

[mxnerd]

Well, Newegg founders were from Taiwan, but Taiwanese ancestors were from China centuries ago.

Expect worse customer service and even lower quality products.

 

[pcgeek11]

No more Newegg for me then.