Financial News
Newegg Celebrates “Giving Tuesday” by Bringing Technology to Local Youth at Boys & Girls Clubs of La Habra
Newegg Commerce, Inc. (NASDAQ: NEGG), a leading tech-focused e-retailer in North America, celebrated “Giving Tuesday” by expanding its collaboration with Boys & Girls Clubs of La Habra, outfitting their office with new technology products to support the organization’s mission of improving the lives of local youth.
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Newegg expands its collaboration with Boys & Girls Clubs of La Habra (Photo: Business Wire)
“The Boys & Girls Club is doing important, impactful work to empower young people within our local communities, and we are pleased to support them by providing additional resources,” said Michael Plaksin, VP, Growth at Newegg. “Limited access to technology can often become a barrier to success, which is why we are committed to providing the organization with the latest technology to further their mission of helping young people. As a tech-focused e-retailer, we see the increased demand for technology products, and we understand the importance of helping people in the community who are struggling to bridge the digital divide. Therefore we continue to seek creative ways to support them, especially children, by making the latest technology more accessible to them.”
In celebration of “Giving Tuesday,” Newegg donated approximately $10,000 worth of state-of-the-art computers, tech accessories and gifts to the Boys & Girls Club. In addition to the donation, the company has committed to providing additional technology equipment to the organization at steeply discounted prices.
“We are grateful for the donation of technology provided by Newegg. In order to provide programs to more than 2,000 children annually, we rely on the generosity of businesses that support our mission in serving youth,” said Mark Chavez, Executive Director of Boys & Girls Clubs of La Habra.
The donation announced today is part of a larger collaboration between Newegg and the Boys & Girls Club. The partnership began in mid-2021 when Newegg teamed with its supplier partners to donate much-needed personal protective equipment (PPE), which has since been used to protect the health of Boys & Girls Club personnel, as well as the children who spend time in their facility.
Newegg’s collaboration with the Boys & Girls Club is an extension of the company’s commitment to support local youth organizations, which in the past has included supporting local schools and providing other financial support to local youth-oriented organizations.
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About Newegg Commerce, Inc.
Newegg Commerce, Inc., headquartered in the City of Industry, California, is a leading tech-focused e-retailer in North America and serves a global customer base throughout Europe, Asia Pacific, Latin America and the Middle East. Founded in 2001, the company offers direct sales and an online marketplace platform for PC and IT hardware, consumer electronics, automotive, gaming products and finished goods. Newegg also offers an extensive portfolio of technology, marketing, logistics and other partner services to help companies grow their business. For more information, please visit https://www.newegg.com/.
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Newegg believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211201005390/en/
Contacts
FOR MORE INFORMATION, CONTACT:
John Snedigar
Faultline Communications
john@faultlinecomms.com
408-705-7518
Investor Relations:
Lena Cati
The Equity Group Inc.
lcati@equityny.com
212-836-9611
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