Company: NEGG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036055
Chunk: 1

Company: Newegg Commerce, Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 1
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  our inability to provide a satisfactory customer experience;  

  our use of software and systems contain open source software;  

  pricing strategies not meeting customers’ price expectations or resulting in profitability;  

  system interruptions, including failures caused or experienced by third-party service providers, and lack of redundancy and timely upgrade;  

  our reliance on and relationships with third-party payment processors to process deposits and withdrawals made by users of our Marketplace;  

  the loss of key employees or the failure to attract or retain qualified personnel;  

  any significant inadvertent disclosure or breach of confidential or personal information we hold;  

  our ability to promote and strengthen the Newegg brand;  

  inflation, uncertainty and volatility in the financial markets and other macroeconomic factors;  

  the material weaknesses we identified in our internal control over financial reporting;  

  our international operations;  

  our expansion into new product categories, services, technologies and geographic regions;  

  any interruption in our fulfillment operations;  

  our reliance on a limited number of third-party courier service providers;  

  pandemics and other public health crises, natural disasters, climate  
  change, terrorist activities and political unrest;                    
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  our dependence on relationships with vendors to source sufficient quantities of merchandise on favorable terms;  

  our marketing activities to help attract visitors to our online platforms;  

  delays, increased cost or quality control deficiencies in the importation of products manufactured abroad;  
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  our dependence on third parties to perform a number of our e-commerce functions;  

  management of our inventory;  

  the fact that we have incurred net losses in the past and may experience losses in the future;  
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  failure to adopt new technologies or adapt our websites, mobile apps and systems to changing customer requirements or emerging industry standards;  

  the seasonality of our business;  

  the life cycle fluctuations of the products we sell;  

  the performance, reliability and security of the internet infrastructure in the countries where we operate;  

  management of our growth or execution of our strategies;  

  any adverse change in our vendor payment terms and conditions;  
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  our revolving credit agreement, which contains a number of covenants that may restrict our current and future operations;  
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