Newegg to Accept Shiba Inu (SHIB) Cryptocurrency as a Form of Payment onNewegg com in Time for the Holidays

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LOS ANGELES–( BUSINESS WIRE)–Newegg Commerce, Inc. (NASDAQ: NEGG), a leading tech-focused North American e-retailer, has actually revealed that it will accept Shiba Inu (SHIB) cryptocurrency as a kind of payment on its platform in time for the vacations. The business made the news authorities on a grand scale with an enormous digital out-of-home (DOOH) project showed on The Reef, North America’s biggest DOOH signboard. Situated at the crossway of the hectic I-10 and I-110 in downtown Los Angeles, The Reef is an epic platform for Newegg to drop its newest crypto news.

Newegg has a longstanding track record as a leader in the crypto area. Newegg was the very first significant ecommerce business to accept Bitcoin as a payment approach in 2014 through its collaboration with BitPay. Subsequently, Newegg was amongst the very first to accept Dogecoin in early 2021, followed by Litecoin in July 2021. Newegg will start accepting SHIB in early December, even more sealingNewegg com as a favored location for online consumers who wish to pay with cryptocurrency.

“We are always looking for ways to innovate the shopping experience on Newegg.com, and something our customers want is greater flexibility and options, including the ability to pay with a wide range of cryptocurrencies,” stated Andrew Choi, Director of Brand Marketing atNewegg “Through our partnership with BitPay, we have the ability to move quickly and lead the market with flexible cryptocurrency payment options. To that end, we’re excited to offer SHIB as a payment option on Newegg.com.”

The Reef twists around 3 sides of a big office complex covering a whole Los Angeles city block. At 55 feet high and 736 feet broad, the 40,000+ square foot DOOH signboard is among the most excellent signboards worldwide, and a main part of Newegg’s vacation marketing project.

For more info and to store Newegg, check out www.newegg.com Follow Newegg on Twitter, Instagram, Facebook, YouTube, Discord and TikTo k to keep up to date on the business’s newest news and material.

About Newegg Commerce, Inc.

Newegg Commerce, Inc., headquartered in the City of Industry, California, is a leading tech-focused e-retailer in North America and serves an international client base throughout Europe, Asia Pacific, Latin America and theMiddle East Founded in 2001, the business uses direct sales and an online market platform for desktop PCs and IT hardware, customer electronic devices, vehicle, video gaming items and completed products. Newegg likewise uses a comprehensive portfolio of innovation, marketing, logistics and other partner services to assist business grow their service. For more info, please check out https://www.newegg.com/

This press release consists of “positive declarations” within the significance of Section 27A of the Securities Act of 1933, as changed, and Section 21E of the Securities Exchange Act of 1934, as changed. Forward- looking declarations provide our existing expectations, viewpoint, belief or projections of future occasions and efficiency. A declaration determined by the usage of positive words consisting of “will,” “may,” “anticipates,” “jobs,” “expects,” “strategies,” “thinks,” “price quote,” “should,” and specific of the other foregoing declarations might be considered positive declarations. Although Newegg thinks that the expectations shown in such positive declarations are affordable, these declarations include dangers and unpredictabilities that might trigger real future activities and results to be materially various from those recommended or explained in this press release. Investors are warned that any positive declarations are not warranties of future efficiency and real outcomes or advancements might vary materially from those predicted. The positive declarations in this news release are made since the date hereof. The Company takes no commitment to upgrade or fix its own positive declarations, other than as needed by law, or those prepared by 3rd parties that are not spent for by theCompany The Company’s SEC filings are offered athttp://www.sec.gov

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