Gigacloud Tech

GigaCloud Technology, Inc. operates as an online business to business marketplace platform for furniture and other bulk products. It is a Business-to-Business trade platform, specializing in heavy, and large merchandise, optimized for the furniture sector. The company was founded by Lei Wu on August 29, 2006 and is headquartered in Hong Kong.

Earnings data Q2 2022

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Gigacloud Tech reports strong Q3 earnings and growth strategies

Gigacloud Tech's Q3 performance reflects robust growth, financial strength, and strategic initiatives to create shareholder value.
While facing challenges such as revenue breakdown and margin expectations, the company remains confident in its growth trajectory.
Opportunities lie in expanding the marketplace ecosystem, strategic acquisitions, and optimizing pricing strategies for sustained growth and profitability.

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GigaCloud Technology, Inc. specializes in global end-to-end business-to-business (B2B) electronic commerce (e-commerce) for large parcel merchandise. The firm's B2B ecommerce platform, which it refers to as the GigaCloud Marketplace, integrates everything from product discovery, payments, and messaging portals, leveraging channel diversification for suppliers, while resellers gain access to thousands of products backed by a complete logistics package. Its global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. The firm offers a comprehensive solution that transports products from the manufacturer's warehouse to the end customer’s doorstep, all in one place. The company was founded by Lei Wu on August 29, 2006 and is headquartered in El Monte, CA.

HONG KONG, June 14, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that its President, Iman Schrock, and Chief Financial Officer, David Lau, will participate in two upcoming investor conferences.

GigaCloud to Participate in Two Upcoming Investor Conferences

GigaCloud Technology Inc. (NASDAQ:GCT ) Q1 2023 Earnings Conference Call May 24, 2023 8:30 AM ET Company Participants Larry Lei Wu - Founder, Chairman and Chief Executive Officer Iman Schrock - President Kwok Hei David Lau - Chief Financial Officer Conference Call Participants Rommel Dionisio - Aegis Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the GigaCloud Technology's First Quarter 2023 Earnings Conference Call.

GigaCloud Technology Inc. (GCT) Q1 2023 Earnings Call Transcript

HONG KONG, May 24, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter ended March 31, 2023.

GigaCloud Technology Inc Announces First Quarter 2023 Financial Results, Reaching Highest Profitability in the Company's History

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HONG KONG, May 18, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B e-commerce solutions for large parcel merchandise, announced today that the Company's key executives will participate and present in both group presentation and private one-on-one meetings with analysts and investors at the LD Micro Invitational XIII Conference between June 6 to June 8, 2023 at The Luxe Sunset Boulevard Hotel in Los Angeles, California.

GigaCloud to Participate and Present at Upcoming LD Micro Invitational XIII Conference

HONG KONG, May 17, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the first quarter of 2023 before the U.S. market opens on Wednesday, May 24, 2023.

GigaCloud Technology Inc to Announce First Quarter 2023 Financial Results on May 24, 2023

HONG KONG, May 08, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it was named one of the winners of a Bronze Stevie® Award in the Fastest Growing Company of the Year - Up to 2,500 Employees category in The 21st Annual American Business Awards®.

GigaCloud Technology Inc Honored as Bronze Stevie® Award Winner in 2023 American Business Awards®

HONG KONG, April 24, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (the “SEC”) on April 24, 2023. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and the Company's investor relations website at https://investors.gigacloudtech.com/.

GigaCloud Technology Inc Files Its Annual Report on Form 20-F for Fiscal Year 2022

HONG KONG, March 17, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and the fiscal year ended December 31, 2022.

GigaCloud Technology Inc Announces Fourth Quarter 2022 Financial Results

HONG KONG, March 10, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the fourth quarter of 2022 before the U.S. market opens on Friday, March 17, 2023.

GigaCloud Technology Inc to Announce Fourth Quarter 2022 Financial Results on March 17, 2023

HONG KONG, Feb. 27, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced the changes to the composition of its board of directors (the “Board”).

GigaCloud Announces Changes to its Board of Directors

HONG KONG, Feb. 06, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, announced today that the Company's key executives will be attending the 35th Annual ROTH Conference (the “Conference”) from March 12 to 14, 2023 at The Ritz Carlton, Laguna Niguel, located in Dana Point, California.

GigaCloud to Attend 35th Annual ROTH Conference from March 12 to 14, 2023

HONG KONG, Jan. 05, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, announced today the appointments of Zoe Wong as General Counsel, and Anthony Garcia as Vice President of Logistics, respectively.

GigaCloud Appoints New General Counsel and Vice President of Logistics

Despite slowing its growth rates in 2021, the company started again reporting high growth in its main KPIs. GigaCloud is cash flow positive and it's able to better manage its inventory by leveraging its AI technology.

GigaCloud: High Growing B2B E-Commerce With High ROIC

HONG KONG, Nov. 30, 2022 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and nine months ended September 30, 2022.

GigaCloud Technology Inc Announces Third Quarter 2022 Financial Results

HONG KONG, Nov. 21, 2022 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the third quarter of 2022 before the U.S. market opens on Wednesday, November 30, 2022.

GigaCloud Technology Inc to Announce Third Quarter 2022 Financial Results on November 30, 2022

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HONG KONG, Sept. 30, 2022 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and six months ended June 30, 2022.

GigaCloud Technology Inc Announces Second Quarter 2022 Financial Results

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HONG KONG, Sept. 20, 2022 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the second quarter of 2022 before the U.S. market opens on Friday, September 30, 2022.

GigaCloud Technology Inc to Announce Second Quarter 2022 Financial Results on September 30, 2022

Source: William Potter / Shutterstock.com When GigaCloud Technology (NASDAQ: GCT ) popped on its first day of trading, investors everywhere noticed. In fact, they were watching closely.

GigaCloud (GCT) Stock Surges Amid IPO Volatility

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Large-parcel B2B eCommerce platform GigaCloud Technology has closed a $41 million initial public offering (IPO) as well as a full over-allotment option of about 3.4 million Class A ordinary shares. The Class A ordinary shares began trading on the Nasdaq Global Market on Thursday (Aug.

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