by Fred Chang, a U.S. immigrant from Taiwan, in 2001. "Newegg" was selected as the company name to signify new hope for e-commerce during a period when e-commerce businesses were struggling to survive.

Between 2001 and 2004 Newegg grew fast and was already profitable.

In 2004, Newegg established Rosewill as a private-label reseller of computing and household products from many manufacturers.

In 2005, Newegg.com was named

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