LOS ANGELES--(BUSINESS WIRE)--Newegg, the leading tech-focused e-retailer in North America and a growing force in global e-commerce, today announced its collaboration with PingPong to make it easier for Chinese sellers to collect payment from their customers on Newegg. Streamlining this purchase process helps Chinese sellers provide Newegg’s millions of customers the latest technology products.
“Our relationship with PingPong gives our customers quicker access to the latest and most innovative products from China,” said Danny Lee, CEO at Newegg. “Newegg has long been known as the best destination to find great prices on technology, and now our customers will get manufacturer-direct prices on an even broader portfolio of products.”
PingPong’s payment service is a secure, cost-effective solution that helps Chinese sellers overcome the challenges of cross-border online sales. Chinese sellers can now use PingPong to collect money from purchases made on Newegg.
The Newegg/PingPong collaboration is expected to bring additional Chinese sellers to Newegg in the next six months, giving these sellers direct access to Newegg’s 30M+ customers. To make the most of this opportunity, PingPong and Newegg will provide strong support for these new sellers by combining Newegg’s established sales platform and marketing expertise with PingPong’s modern, secure payment system.
About Newegg Inc.
Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (http://www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 30 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site's online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg Inc. is headquartered in City of Industry, California. Newegg operates Hybrid Centers in City of Industry, CA and Richmond Hill, Ontario.
PingPong (https://www.pingpongx.com) is an innovative payment facilitator that provides a specialized payment service for Chinese e-commerce sellers. Our mission is to make selling easy everywhere in the world for our customers. We are committed to providing a world-class experience and to offering new, value-added services to help our customers grow their businesses. PingPong is a rapidly-growing, venture-backed startup with operations in China, the United States, Europe and Hong Kong. We serve tens of thousands of Chinese businesses and individuals. Our company is also recognized as an official partner of the China Cross-Border E-Commerce Pilot Zone in Hangzhou, which is China's leading city for e-commerce.