Newegg completed the merger with Lianluo Smart in a $1.2bn deal.

Newegg, an online retailer of items including computer hardware and consumer electronics, completed the merger with Lianluo Smart, a provider of medical products and medical components in China, in a $1.2bn deal. "Becoming a public company is a milestone 20+ years in the making, made possible by the hard work of Newegg’s employees, and the support of our many partners, investors and customers. As we enter this new phase as a public company, we’re more energized than ever about what the future holds for our company," Anthony Chow, Newegg Global CEO.