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From Wikipedia:

"In 2016, Liaison Interactive, a Chinese technology company, acquired a majority stake in Newegg in an investment deal."

"In 2020, Newegg entered into a merger agreement with Lianlou Smart Limited wherein Newegg stockholders became majority owners of LLIT. Following the consummation of the merger, Newegg listed as a publicly traded company on Nasdaq in May 2021 as Newegg Commerce, Inc."

Don't know anything about it, but the timeline seems about right



Yeah right, that explains that then.

My strongest memory of Newegg is this, which is quite the opposite:

https://news.ycombinator.com/item?id=10986167




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