Comment on DVDs and public transit: Boycott drives people to ditch Big Tech to protest ICE

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MangoCats@feddit.it ⁨1⁩ ⁨week⁩ ago

Newegg Commerce, Inc. (NASDAQ: NEGG) is a publicly traded company. It is majority-owned by a Chinese multinational technology firm. Key ownership details include:

Majority Shareholder: Hangzhou Lianluo Interactive Information Technology Co., Ltd. (also known as Liaison Interactive) owns approximately 54.5% to 57.4% of the company.

Founder Stake: Fred Chang, the company’s founder and former CEO, retains a significant ownership stake of roughly 22.1%.

Significant Individual Shareholder: Vladimir Galkin owns about 22.5% of the shares.

Public Float: The remaining shares (approximately 11%) are held by the general public and institutional investors.

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