Online electronics retailer Newegg announced the launch of a new B2B marketplace called NeweggBusiness. It serves as a third-party channel to connect B2B buyers and sellers, focusing on product selection and competitive pricing.

Newegg Business, which is a subsidiary of Newegg North America, was founded in 2010, and the marketplace has been in pilot phase.

The marketplace offers is aimed at businesses both large and small. Newegg Business provides store categories for computer hardware and peripherals, PCs and laptops, networking, software, data storage, servers and workstations, point of sale, electronics, office products, industrial and commercial, and refurbished.

“We’re very excited to officially announce the launch of NeweggBusiness Marketplace,” said Soren Mills, Chief Marketing Officer for Newegg North America. “With NeweggBusiness Marketplace, we’re providing an attractive online destination for businesses to buy and sell a multitude of products. It’s also a great way for businesses to magnify their brand awareness.”

“The launch of NeweggBusiness Marketplace expands our assortment of complementary business products for our customers,” said Merle McIntosh, Newegg’s Head of B2B for North America. “With one of the lowest commission rates of any major online marketplace, NeweggBusiness Marketplace is an attractive proposition for sellers seeking access to over 150,000 registered business customers at NeweggBusiness.”

The company says the marketplace fits the needs of government sectors, educational institutions and nonprofits, in addition to businesses.

Image via NeweggBusiness