In Portland, Ore., Brittany Trahan started buying DVDs rather than paying for Netflix and Apple TV, while Lisa Shannon has been relying on public transit instead of taking an Uber. And in McDonough, Ga., Brian Seymour II has been embracing the cold to shop locally instead of buying through Amazon.
They’re among a growing number of Americans participating in a boycott this month, targeting tech companies who, they believe, are not doing enough to stand up against President Trump’s aggressive immigration crackdown.
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.
I didn’t see bezos or mush in that list.
In a baby steps scenario, I’d count that as a marginal win.