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Association for Corporate Growth Honors Newegg at 2014 Awards Gala

Newegg Lauded as Top Global E-Commerce Company in 4th Annual ACG Award Competition

LOS ANGELES, CA -- (Marketwired) -- 05/02/14 -- Newegg today announced that it was recognized as the top Global E-Commerce company at the 4th Annual ACG LA Awards Ceremony. Business leaders from the greater Los Angeles area gathered last Tuesday at the Walt Disney Concert Hall where awards were bestowed upon leaders in their respective fields.

"We are honored to receive this award, as it demonstrates all that can be accomplished in the Los Angeles business community," said Soren Mills, Chief Marketing Officer of Newegg North America. "As our business continues to expand globally, we know Los Angeles provides the best landscape, workers and environment for our success."

The Los Angeles Chapter of the Association for Corporate Growth is one of the largest and most active chapters of the ACG. Each year, it recognizes the most distinguished and accomplished organizations in the Los Angeles business community.

"Each of these winners has challenged conventional thinking -- one of the core principals of ACG -- to help Los Angeles thrive as a business community," said Gary Rabishaw, ACG LA President and partner at Intrepid Investment Bankers. "Our awards recognize outstanding private and public companies that have either proven track records of leadership and innovation in their fields or represent the next generation of market leaders. We're pleased to recognize each of these companies for their achievements and honored to have them participate in this year's ceremony."

The full list of categories and winners is as follows:

  • Mayor's Award: Los Angeles Dodgers
  • Global E-Commerce: Newegg
  • Founders: Hudson Jeans
  • Strategic Reinvention: Ducommun
  • Business Innovation: sbe
  • Social Responsibility: The Honest Company (Presented by Children's Hospital Los Angeles)
  • Technology Innovation: Fuhu, Inc.
  • Private Company Growth: Tender Greens
  • Public Company Growth: Live Nation Entertainment
  • Deal of the Year: BlackLine Systems, Inc.

About ACG and ACG LA
The Association for Corporate Growth (ACG) is the global community for middle market M&A deal makers and business leaders focused on driving growth. ACG members have access to data, content and networking opportunities to access capital, make deals and foster corporate growth. Founded in 1954, ACG has grown to more than 13,000 members organized in 56 chapters throughout North America, Europe and Asia.

ACG LA is one of the largest and most active chapters of ACG, delivering thought-provoking, knowledge-based events and networking opportunities. Our members and attendees -- including leading corporate officers, private equity sources and service providers -- participate in monthly meetings, world-class conferences and intimate roundtable discussions. We help dealmakers and business leaders stay abreast of current issues relating to corporate growth and stay connected with their peers. For more information, visit www.acgla.org.

About Newegg Inc.
Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 25 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. The Newegg Hybrid Center is located at 18045 Rowland St., City of Industry, CA 91748.

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FOR MORE INFORMATION, CONTACT:
James Merk
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