No, Newegg is not owned by Walmart.
Understanding Newegg's Ownership
Newegg Commerce, Inc., the well-known American online retailer, operates as an independent entity. Specializing in products such as computer hardware and various consumer electronics, Newegg is headquartered in Diamond Bar, California.
The company's majority ownership rests with Liaison Interactive, a multinational technology company. This ownership structure signifies that Newegg's corporate parent is separate from Walmart and its group of companies.
Key facts about Newegg's ownership and operations include:
- Company Name: Newegg Commerce, Inc.
- Headquarters: Diamond Bar, California, USA
- Primary Business: Online retail, focusing on computer hardware and consumer electronics
- Majority Owner: Liaison Interactive, a multinational technology firm
For additional details about Newegg, you can refer to its Wikipedia page.
