NewEgg has been officially acquired by Chinese Tech Firm
Earlier this year, Liaison Interactive had given NewEgg a large investment to allow them room to expand into new markets. This apparently wasn't simply an investment by the Chinese firm.
New Owners Hangzhao Liaison Interactive Information Technology Co., Ltd. (Liaison Interactive) now owns the controlling share of NewEgg at 55.7% (worth $2.63 Billion Dollars).
The US Tech Industry has seen a steady increase in Chinese Tech and Investment Firms interest. It will be interesting to see which company is acquired next.