I just use the website.I have never seen one personally(florida) but I guess it would be nice.I'm not sure they can compete with the likes of circuit city and best buy but who knows. I got a gfx card and psu from them.They have great service and an excellent customer support team.Plus the prices and stock they carry are generally better.Most major retailer's have only 10 gfx card but newegg had hundreds. @ireland lol
[bold]does anyone know when newegg is going international?[/bold] fixed* I'm gonna go berserk if we don't get a good and cheap retailer like Newegg (in UK) anytime soon. I contacted them a few months back and did confirm they have plans to do so though :\
i found it Newegg tech shop sees IPO to fund global expansion By Doug Young SHANGHAI (Reuters) - Newegg Inc., an online seller of PCs and computer parts, is aiming for an initial public offering in the next year as it embarks on an aggressive global expansion including a build-up in China, its top executive said on Friday. The company expects sales across its network to grow 40 percent to $1.4 billion this year, with virtually all of that coming from its home U.S. market, Chief Executive Officer Simon Hsieh told Reuters in a phone interview. In its first steps onto the global stage, the four-year-old company -- based in City of Industry, Calif., outside Los Angeles -- set up shop in China last year and expects to do a relatively modest 40 million yuan ($4.83 million) in sales there this year, he said. "At the end of next year, we believe we will expand to Canada, maybe the UK and Japan," he said. "We have very good cash flow, but for expansion to other markets we might need some extra cash funding. That's why we're thinking of an IPO." He said the company, which has been in the black since its first year, posted a profit of about 1 percent of revenue, or $10 million last year. But the rate is expected to double to 2 percent this year, and grow further still as the company gains economies of scale, he added. "We have grown the business into a very big size economically, so now...we are getting more marketing power," said Hsieh, a Taiwan native who began his career as an engineer before changing to more entrepreneurial pursuits. "That's why we can grow the margins this year." Newegg, which fancies itself among a new generation of savvier dot-coms after the initial round of failures after 2000, is positioning itself as a middleman between consumers and major makers of computers and computer parts. Its list of more than 600 suppliers includes chipmakers Intel Corp. and Advanced Micro Devices, computer makers Acer Inc. and component makers BenQ and ATI Technologies, among others. The company builds warehouses in the markets it enters and uses those to stockpile goods from suppliers, allowing it to ship usually within 24 hours of receiving an order, Hsieh said. The company now has seven U.S. warehouses, with plans for three more by the end of this year. Newegg is in the process of building a similar China support network, with one warehouse already in Shanghai and plans for three more in the next year. All told, the company expects to spend $50 million in the next five years for its China expansion, Hsieh said. "We believe China will become the second biggest computer market," he said. "We won't hesitate to invest in China because we think this is a good market." China is already the world's number two computer market after the United States, with 2005 shipments expected to grow 13 percent this year to about 18 million units, according to International Data Corp. Do-it-yourself computers, also known as gray boxes, are particularly popular in the market due to their low cost and ability to be easily customized. (Additional reporting by Yanina Zhao in Beijing) http://today.reuters.com/sponsoredby/Veriz...A-NEWEGG-DC.XML
