article thumbnail

Hangzhou Liaison Interactive Information Technology Co. Invests $179 Million in Newegg Inc.

L.A. Business Journal

A Chinese tech company announced Tuesday that it would invest more than $179 million to increase its stake in online electronics retailer Newegg Inc. to almost 94 percent from 55.7 percent, according to Bloomberg.

NewEgg 194
article thumbnail

Newegg Gets Investment From Hangzhao Liaison Interactive

socalTECH

Los Angeles-based online technology retailer Newegg announced late Thursday that it has received a "significant" investment from Chinese company Hangzhao Liaison Interactive Information Technology Co., Size of the investment was not announced.

NewEgg 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Newegg In Sponsorship Deal For HyperX Esports Arena Las Vegas

socalTECH

Los Angeles-based online technology products retailer Newegg has inked a long term marketing agreement with e-sports entertainment company Allied Esports , and will become the "official e-commerce partner" at the HyperX Esports Arena Las Vegas. Financial details of the sponsorship deal were not announced.

NewEgg 133
article thumbnail

Silicon Beach Report Sept. 16: Newegg Receives Investment from Hangzhao Interactive

L.A. Business Journal

Newegg receives investment from Hangzhao Interactive, Ted Cruz fights ICANN’s transfer, Demand Media acquires The Other Art Fair for $1.5 million, and more.

NewEgg 100
article thumbnail

Electronics Retailer, Chinese Firm Reconnect with $179 Million Investment

L.A. Business Journal

A technology company in China announced in a regulatory filing last week that it is paying $179 million to increase its stake in online electronics retailer Newegg Inc. to almost 94 percent.

NewEgg 100
article thumbnail

Silicon Beach Report June 20: Hyperloop Transportation Technologies Partners With South Korea

L.A. Business Journal

Hyperloop Transportation Technologies Partners with South Korea, AEG invests in e-sports team Immortals, Chinese tech company invests $179 million in Newegg, and more.

NewEgg 127
article thumbnail

Alteryx Names Two New Board Members

socalTECH

Irvine-based data analytics software developer Alteryx has named two new members to its board, the company said this week, including Chuck Cory, the former Chairman, Technology Investment Banking at Morgan Stanley, and Tim Maudlin, who sits on the baords of a number of technology companies. READ MORE>>.

NewEgg 100