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NeweggBusiness Gets GSA Schedule Contract

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Los Angeles-based online technology retailer Newegg reports this morning that its B2B subsidiary, NeweggBusiness , has been awarded a General Services Administration (GSA) Schedule contract. The company said the contract will enable it to grow its revenues from agencies of the U.S. government. READ MORE>>.

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Advantage Solutions Buys Quantum Networks

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Irvine-based Advantage Solutions , which provides technology-enabled sales and marketing services to manufacturers and retailers, has acquired Quantum Networks , a New York City-based e-commerce retailer and agency. Advantage Solutions says Quantum Networks also is on eBay, Newegg, Walmart.com, Reverb, and Google Shopping.

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SoCal Racks Up Another Successful IPO

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Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.

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And Then There Were Three: RealD Hits Markets Today

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RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. shares of its common stock.

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ReachLocal Up 15 Percent After IPO

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per share, after pricing below its initial offering range on Wednesday evening, and had traded as high as $15.26 Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00