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Newegg Announces 2025 Fiscal Year Results; Average Order Value Reaches $448

Newegg Commerce, one of the leading global technology e-commerce retailers, announced its results for the fiscal year ended December 31, 2025.

According to the 2025 data announced by Newegg, the average order value was $448; this figure was $396 in the previous year. Active customers, defined as unique customer IDs with at least one item purchased on Newegg platforms in the past 12 months, reached approximately 2.2 million; this figure was 2.1 million in the previous year. The repeat purchase rate, the percentage of active customers who made at least two purchases on Newegg platforms during the past 12 months, was 26.9%; this rate was 26.0% in the previous year.

2026 Net Income Expectation: $6.1 Million – $15.7 Million

Newegg expects net sales to be between $1.23 billion and $1.47 billion in 2026. In addition, 2026 GMV is expected to be between $1.50 billion and $1.79 billion. Gross profit is expected to be between $144.0 million and $170.9 million. Net income is also expected to be between $6.1 million and $15.7 million. In addition, adjusted EBITDA is expected to be between $10.0 million and $19.6 million.

“2025 Was a Year of Strong Execution and Meaningful Growth”

New egg Chief Executive Officer Anthony Chow said, “2025 was a year of strong execution and meaningful growth for Newegg. We achieved double-digit year-over-year GMV growth, driven by robust demand for next-generation PC components and continued scaling across both our direct and marketplace businesses.”

Chow added: “We are celebrating New egg’s 25th anniversary with a year-long series of promotional initiatives building on the success of our 2025 campaigns. By combining our strength in high-performance hardware with a forward-looking AI strategy, we believe we are well positioned to further expand market share in key categories while continuing to deliver long-term value to our customers, partners, and shareholders.”

About Newegg

New egg Commerce, Inc. (NASDAQ: NEGG), founded in 2001 and based in Diamond Bar, Calif., near Los Angeles, is one of the leading global online retailers in PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg also serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform.

Türkiye Unveils Landmark Investment Reform Package to Reinforce Global Competitiveness

Türkiye has announced a comprehensive investment reform package aimed at strengthening its position in the global economy, signaling a decisive shift toward long-term structural transformation and investor-centric policy making.

The initiative, introduced by Finance Minister Mehmet Simsek, reflects a coordinated effort to enhance macroeconomic stability, improve the investment climate, and attract sustained foreign direct investment (FDI).

Structural Reforms Anchored in Predictability and Confidence

At the center of the reform agenda is a commitment to predictability, transparency, and institutional reliability, key pillars for international investors assessing emerging markets. The package introduces measures to streamline administrative procedures, reinforce legal frameworks, and reduce operational friction for both domestic and foreign investors.

Rather than a short-term stimulus, the reforms are positioned as part of a broader economic rebalancing strategy designed to support sustainable growth and integration into global value chains.

Targeted Incentives to Drive High-Value Investment

A defining feature of the package is its targeted approach to sectoral development. The government is prioritizing high-value industries, including advanced manufacturing, digital technologies, and export-oriented services, through a series of competitive tax incentives and regulatory advantages.

These measures are expected to significantly enhance Türkiye’s attractiveness for multinational corporations seeking regional production and service hubs, particularly amid ongoing global supply chain realignments.

Strategic Positioning of Istanbul as a Financial Center

The reform framework places strong emphasis on advancing Istanbul Financial Center as a regional and international financial hub. By aligning regulatory standards with global benchmarks and offering tailored incentives, Türkiye aims to attract leading financial institutions and deepen capital market activity.

This positioning leverages Istanbul’s geographic advantage as a bridge between Europe, Asia, and the Middle East, an increasingly valuable proposition in a fragmented global economic environment.

A Long-Term Vision for Economic Transformation

Beyond immediate investment flows, the reform package underscores Türkiye’s ambition to transition toward a more resilient, technology-driven, and export-led economic model. The focus on fiscal discipline, productivity, and institutional strengthening reflects a strategic recalibration following recent macroeconomic challenges.

Implications for Global Investors

For international stakeholders, the scale and scope of the reform signal a renewed commitment to economic orthodoxy and openness. If effectively implemented, the package could reposition Türkiye as a key destination for capital allocation across multiple sectors.

At a time when investors are actively reassessing global exposure, Türkiye’s reform agenda presents a timely and potentially transformative opportunity.

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Telr Enables Jaywan to Expand Payment Platform Capabilities for UAE Business

UAE-based payment gateway Telr has expanded its platform capabilities by enabling the country’s domestic card scheme, Jaywan, across its merchant network. The move reflects a broader push to strengthen local payment infrastructure while enhancing transaction efficiency for businesses operating in the UAE’s digital economy.

Jaywan, introduced by Al Etihad Payments under the Central Bank of the UAE, is designed as a nationally operated card payment system aimed at supporting financial inclusion and reducing reliance on international payment networks.

By integrating Jaywan into its platform, Telr enables merchants to accept domestic card payments seamlessly, providing a more localized and potentially cost-efficient transaction flow.

Strengthening Local Payment Infrastructure

The integration marks a notable step in the UAE’s ongoing effort to build a more self-sufficient financial ecosystem. Domestic payment schemes like Jaywan are intended to keep transaction processing within the country, improving speed, security, and data control while lowering associated costs.

For merchants, the addition of Jaywan expands payment acceptance options without requiring additional technical integration. Telr’s platform already supports a wide range of global payment methods, and the inclusion of a local scheme enhances flexibility for businesses targeting both domestic and international customers.

From a strategic standpoint, this development aligns with the UAE’s long-term digital transformation goals, where payments infrastructure plays a central role in enabling e-commerce growth.

Enhancing Merchant Efficiency and Customer Experience

The ability to process Jaywan transactions through a single platform simplifies operations for merchants. Instead of managing multiple payment systems, businesses can centralize their payment workflows within Telr’s infrastructure.

This consolidation offers several advantages, including:

Faster transaction processing
Reduced complexity in payment management
Improved checkout experience for customers

As consumer expectations around speed and convenience continue to rise, seamless payment experiences have become a critical factor in online conversion and retention.

A Shift Toward Localized Payment Strategies

The introduction of Jaywan into commercial platforms signals a broader shift toward localized payment strategies in the region. While global networks such as Visa and Mastercard remain dominant, domestic schemes are increasingly being positioned as complementary solutions that address specific market needs.

Jaywan’s development is part of a wider effort to create a resilient and competitive payments ecosystem, capable of supporting both local businesses and international trade. The scheme is expected to expand further as banks and financial institutions continue rolling out Jaywan-enabled cards across the UAE.

For payment providers like Telr, early adoption of such systems allows them to remain aligned with regulatory direction while offering merchants a more comprehensive payment stack.

Outlook

As digital commerce continues to scale across the UAE, the role of integrated payment platforms is becoming increasingly central. The combination of global payment access with locally developed solutions like Jaywan reflects an evolving model where flexibility, efficiency, and localization are key priorities.

Telr’s latest move highlights how payment platforms are adapting to these shifts, positioning themselves not only as transaction processors but as essential infrastructure supporting the next phase of business growth in the region.

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Quiqup Expands Into Platform-Led Commerce With “Shop Local” Initiative

UAE-based logistics company Quiqup has taken a strategic step beyond its traditional delivery operations with the launch of a new platform designed to support local business growth. The initiative, introduced under the name “Shop Local,” reflects a broader shift in the e-commerce landscape where logistics providers are moving closer to the consumer-facing layer of digital commerce.

The platform is built to bring together UAE-based brands in a single environment, enabling customers to discover and purchase from local businesses while benefiting from integrated fulfillment and delivery services. By combining visibility with logistics infrastructure, Quiqup is positioning itself not only as a service provider but as an active enabler of e-commerce expansion.

This move comes at a time when competition in the UAE’s online retail market is intensifying. While large marketplaces continue to dominate traffic and transactions, smaller businesses often face challenges in gaining visibility and managing operational complexity. Quiqup’s approach addresses both of these constraints by creating a more streamlined path from product discovery to final delivery.

The Convergence of Logistics and Marketplace Models

At its core, the “Shop Local” platform reflects a deeper transformation in how digital commerce ecosystems are evolving. Logistics is no longer operating purely in the background. Instead, it is becoming embedded within the customer journey, reducing friction between sellers and buyers. For local businesses, this integration can significantly lower the barriers to entry, particularly in areas such as last-mile delivery, order management, and customer experience.

Supporting Local Business in a Competitive Market

The emphasis on supporting local brands also aligns with wider economic priorities in the UAE, where strengthening domestic business ecosystems and encouraging entrepreneurship remain key focus areas. By highlighting locally based sellers, the platform contributes to increasing their exposure in a market that is otherwise highly competitive and often dominated by global players.

From a strategic perspective, Quiqup’s expansion into a platform model signals a growing convergence between logistics and marketplace functions. Companies that were once confined to backend operations are now building direct connections with both merchants and consumers. This convergence is expected to reshape competitive dynamics, as businesses look for integrated solutions rather than managing multiple service providers.

At the same time, the success of such platforms will depend on their ability to balance visibility, reliability, and user experience. For SMEs, consistent delivery performance and ease of use remain critical factors in determining whether a platform can genuinely support long-term growth.

The launch of “Shop Local” therefore represents more than a new product offering. It highlights an ongoing shift toward more connected and infrastructure-driven commerce models, where logistics providers play a central role in enabling business expansion.

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40 Billion Boost EU Small Businesses Hit Record Amazon Sales Milestone

Small and medium-sized enterprises across Europe have reached a new level of scale, generating more than €40 billion in sales through Amazon. The figure marks a record milestone and reflects the increasing reliance of European businesses on digital marketplaces to expand beyond local economies.

The growth is closely tied to the continued rise of cross-border e-commerce within the European Union. A significant share of total sales comes from exports, with EU-based SMEs generating €17 billion in cross-border revenue. Of that, €13.5 billion was driven by trade within EU countries, highlighting the importance of regional integration in enabling digital commerce.

Marketplace Infrastructure Expands SME Reach

For many European sellers, Amazon has evolved from a sales channel into a core infrastructure layer supporting international expansion. By providing fulfillment networks, warehousing, delivery solutions, and localized storefronts, the platform allows SMEs to operate across multiple markets without establishing a physical presence in each country.

This shift has enabled smaller businesses to compete in ways that were previously limited to large enterprises. Instead of navigating fragmented logistics systems independently, sellers can rely on centralized operations that simplify shipping, inventory management, and customer service.

At the same time, the ability to reach customers across borders has contributed to a more diversified revenue base. Rather than depending solely on domestic demand, SMEs are increasingly building international customer portfolios, reducing exposure to local market fluctuations.

Cross-Border Trade Becomes Core Strategy

The strong export figures indicate that cross-border commerce is no longer a secondary growth lever for European SMEs. Instead, it is becoming a central component of their business models. Access to a broader customer base, combined with streamlined logistics, has lowered the barriers to international expansion.

This transformation is particularly important in a region like Europe, where multiple languages, currencies, and regulatory environments historically made cross-border trade complex. Digital marketplaces are helping to standardize many of these processes, making it easier for businesses to scale regionally.

Regulatory Complexity Continues to Challenge Growth

Despite the progress, structural challenges remain. European SMEs still operate within a fragmented regulatory landscape that includes varying VAT systems, compliance requirements, and environmental regulations across different countries.

These differences create additional administrative burdens, increasing operational costs and slowing down expansion efforts. For smaller businesses with limited resources, navigating these complexities can become a significant barrier to growth, even when demand exists.

Industry stakeholders continue to highlight the need for greater harmonization across EU markets. Simplifying tax structures and aligning regulatory frameworks could further accelerate cross-border trade and improve competitiveness.

A Defining Moment for European Digital Commerce

The €40 billion milestone underscores a broader shift in how European SMEs approach growth. Digital marketplaces are no longer supplementary tools but are becoming foundational to how businesses operate, scale, and compete internationally.

As infrastructure continues to improve and regulatory discussions evolve, the role of platforms like Amazon in shaping Europe’s e-commerce landscape is expected to expand further.

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Data of 500,000 Volunteers from UK-Based UK Biobank Was Put Up for Sale on Alibaba

Data belonging to volunteers of the UK-based UK Biobank was put up for sale on the Chinese e-commerce platform Alibaba. The British government is investigating how the data was listed for sale.

Ian Murray, Labour MP for Edinburgh South and Minister of State at the Department for Science, Innovation and Technology in the United Kingdom, told the House of Commons that data belonging to the health organization UK Biobank was briefly listed for sale on Alibaba by at least three vendors. Health data voluntarily provided to a charity for research purposes was put up for sale by three vendors on the Chinese e-commerce giant Alibaba. One listing was seen to contain data from 500,000 people.

UK Biobank Confirmed That the Data of Approximately Half a Million People Was Anonymized

UK Biobank, which holds a vast biomedical dataset, confirmed that information relating to approximately half a million volunteers had been anonymized and listed for sale on Alibaba. Bio bank acknowledged that it could not guarantee individuals could not be identified if the data fell into unauthorized hands. However, the organization stated that this data did not contain people’s names, addresses, contact details, or telephone numbers.

“We Revoked Access for the Three Research Institutions Identified as the Source of the Information”

Ian Murray said that the data was no longer listed on Alibaba and that they did not believe any buyer had paid to obtain the data. Murray thanked the Chinese government for “the speed and seriousness with which they worked with us to help remove these listings.” Murray stated that they ensured the Bio bank charity revoked access for the three research institutions identified as the source of this information.

As a short-term precautionary response to the incident, UK Biobank suspended all access to its research platform. UK Biobank CEO Rory Collins published an apology message, saying: “We have temporarily suspended all access to the UK Biobank research platform, while putting in place a strict limit on the size of files that can be taken off the platform.”

One of the Largest Biobanks in the World

The charity UK Biobank is one of the large biobanks in the world. These bio banks are often government-supported projects that aim to collect and organize various medical data and samples, typically on an anonymized basis. These systems are regarded as one of the most important breakthroughs in modern biomedical research by enabling researchers to access vast datasets quickly and easily.

Kenya to Establish State-Backed E-Commerce Platform for Small Businesses

Kenya has launched a feasibility study for a potential state-backed online marketplace for micro, small, and medium-sized enterprises (MSMEs). The project will enable millions of small businesses to access online trade.

According to a statement by Kenya’s State Department for Micro, Small and Medium Enterprises Development, the project is being carried out under the Kenya Jobs and Economic Transformation Project (KJET), a multi-component initiative supported by the World Bank. Accordingly, the government is seeking consultants to evaluate alternatives such as scaling up existing private digital marketplaces or developing a government-led or public-private partnership platform. The government is focusing on how MSMEs, which are the backbone of Kenya’s economy, can be integrated into formal digital commerce channels.

The feasibility study for the state-backed e-commerce platform has been structured to keep multiple implementation pathways open. Within this framework, the option of expanding existing private platforms by identifying policy, financial, and coordination mechanisms through which the government can increase MSME participation is being evaluated.

As part of the project, MSME segments will be profiled. Then, priorities will be determined, and demand for the digital marketplace will be analyzed within the scope of both sellers’ and buyers’ needs. In addition, mobile money use and the digital payment system will also be examined. The study will also evaluate the feasibility of an e-commerce marketplace to be established under government leadership or through a public-private partnership.

Evaluations Will Be Requested from the Consultant for the State-Backed E-Commerce Marketplace

The consultant who will evaluate the planned state-backed e-commerce marketplace in Kenya will be asked to estimate operational and financial costs, identify potential revenue streams, and determine the scale and duration of any public subsidies that may be required. The consultant will also be asked to analyze issues such as governance structures, oversight mechanisms and risk mitigation measures, licensing, registration requirements, consumer protection rules, data protection obligations, cybersecurity standards, dispute resolution mechanisms, and platform accountability.

One of the central components of the study will also be to assess Kenya’s readiness to support broader participation in digital marketplaces. In this context, connectivity and device access, interoperability of digital payments, hosting and cybersecurity capacity, and the effectiveness of last-mile logistics systems that remain uneven across the country will be examined.

According to data from the Central Bank of Kenya (CBK), there are approximately 7.4 million MSMEs in the country. These businesses employ an estimated 14–16 million people. The sector accounts for approximately 40 percent of GDP. Available data also shows that MSMEs in Africa are held back from the digital marketplace due to a lack of operational capacity to use e-commerce platforms and fear of fraud.

Top 3 Nordic Retailers Lead Europe’s Cross-Border Seller Ranking

Europe’s cross-border ecommerce market is being led by major Nordic multichannel retailers, with Ikea, Jysk and H&M ranking as the best-performing cross-border sellers in Europe. The ranking comes from the eighth edition of the TOP 500 B2C Cross-Border Retail Europe report by Cross-Border Commerce Europe.

The report evaluates companies based on several factors, including sales performance, SEO indicators, international market presence, cross-border visitors, brand authority and local customer options. Ikea kept its leading position, while Jysk moved up from fifth place to second. H&M remained in third place.

Retail Leaders Dominate Cross-Border Sellers in Europe

The top three companies all come from the Nordics and have strong physical retail backgrounds, showing that store-based brands continue to play a major role in online international commerce. Germany’s Zalando is the first pure online player on the list.

Cross-Border Commerce Europe estimates that cross-border ecommerce spending in Europe reached 108 billion euros in 2025, excluding travel. The TOP 500 companies generated 86 billion euros in cross-border online sales, marking 25 percent growth compared to the previous year.

Despite this growth, the market is entering a slower and more stable phase, shaped by macroeconomic pressure and a stronger focus on profitability and operational efficiency.

Source

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5 Powerful Upgrades in GPT-5.5 Push ChatGPT Toward a Superapp Future

OpenAI has officially introduced GPT-5.5, positioning it as a major step toward transforming ChatGPT into a unified “superapp” for work, productivity, and AI-driven tasks. The model is now rolling out across ChatGPT’s Plus, Pro, Business, and Enterprise tiers, signaling a shift from experimental AI tools toward a centralized digital workspace.

This release reflects OpenAI’s broader ambition: to merge chat, coding, research, and browsing into a single platform where users can complete complex workflows without switching between tools.

GPT-5.5 brings stronger reasoning, coding, and task execution

The new model introduces significant improvements in handling multi-step tasks, planning, and tool usage. Unlike previous versions, GPT-5.5 is designed to operate more independently, interpreting vague instructions, executing workflows, and verifying outputs with minimal user intervention.

Key capabilities include:

Advanced agent-like behavior for completing complex tasks
Improved coding and debugging performance
Stronger research and document generation abilities
Enhanced error-checking and self-correction

OpenAI also emphasizes efficiency gains, with GPT-5.5 using fewer tokens for comparable work while maintaining high performance levels.

A strategic shift: ChatGPT as an all-in-one platform

Beyond performance upgrades, GPT-5.5 signals a deeper product strategy. OpenAI is moving toward consolidating multiple tools, such as ChatGPT, Codex, and browsing capabilities, into a single ecosystem.

This “superapp” approach aims to:

Reduce reliance on separate apps for different tasks
Increase productivity within one unified interface
Strengthen user retention and enterprise adoption

Executives highlight that the goal is not just a better model, but a new way of interacting with computers, where AI becomes the primary interface for work and decision-making.

Enterprise focus and competitive pressure intensify

GPT-5.5 is also a clear move toward enterprise dominance. By combining coding, research, and workflow automation into one system, OpenAI is positioning ChatGPT as a central operating layer for businesses.

This comes amid growing competition from rivals like Anthropic and Google, as companies race to define the future of AI-powered productivity platforms.

Why GPT-5.5 matters

GPT-5.5 is more than just another model update-it represents a shift toward AI-native work environments. If OpenAI succeeds, ChatGPT could evolve from a chatbot into a full-scale digital workspace, redefining how individuals and companies interact with software.

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AI-Ready Data Centres 6 Strategic Advantages Powering Dubai Growth

Dubai Integrated Economic Zones Authority (DIEZ) has announced a joint venture with VOLT UAE to develop an advanced AI-ready data centre in Dubai Silicon Oasis. The project will be supported by Schneider Electric and aims to strengthen Dubai’s position as a global hub for digital infrastructure and artificial intelligence.

The new facility will be built within Dubai Silicon Oasis, DIEZ’s specialised economic zone focused on knowledge and innovation. It is designed to support advanced computing, AI applications and critical digital workloads with resilient and secure infrastructure.

AI-ready data centre to support advanced computing

The development will span up to 60,000 square metres and will be implemented in two phases. The first phase will provide 29 MW of available capacity, followed by an additional 100 MW of committed power.

DIEZ will provide the land and core infrastructure, while VOLT UAE will develop, finance, construct and operate the data centre facilities. Schneider Electric will support the project with advanced electrical systems, power distribution and smart data centre infrastructure.

The facility is expected to serve growing demand for high-performance computing and AI infrastructure across the region. It will include reinforced architecture, redundant systems and hardened infrastructure to ensure continuous availability and long-term reliability.

The project also aligns with Dubai’s broader strategy to expand its digital economy and attract future-focused investments. According to DIEZ, the partnership reflects investor confidence in Dubai’s advanced business environment and digital infrastructure.