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Newegg - The history
The company was founded by Fred Chang , a United States immigrant from Taiwan, in 2001. Chang was chairman and CEO of Newegg until August 1, 2008, when it was announced that he would step down as CEO and chairman, remaining a member of the board of directors and executive committee. He was succeeded by Tally Liu. Chang also retained the position of president of Newegg's Chinese operations. In 2010, after Liu's departure, Chang assumed his former role as the company's CEO.
The name was inspired by the egg. Traditionally, the egg is a symbol of birth and unlimited potential. The founders chose "Newegg" as the company name to express new hope for e-commerce at a time when e-commerce companies were struggling to survive. The company has no connection to Egghead Software , which operated from 1984 to 2001.
In June 2020, Newegg introduced Newegg PC Builder, an online configurator that allows customers to configure and source all the components needed to build a custom PC. Although the June 2020 release. Was limited to customers in North America, in August 2020. The company expanded the configurator to the countries it serves in Europe, Asia Pacific, Latin America and the Middle East