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.

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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.

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EL MONTE, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced its recognition as a Silver Stevie® Award winner in the “Achievement in Growth” category of the 2024 American Business Awards®.

GigaCloud Technology Inc Wins Stevie® Award for Achievement in Growth

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GigaCloud Technology Inc. NASDAQ: GCT provides global end-to-end business-to-business (B2B) cross-border e-commerce solutions for large parcel merchandise. Its GigaCloud Marketplace platform enables product discovery to payments and logistics services connecting Asian manufacturers to resellers in the U.S., Europe and Asia.

GigaCloud Technology Launches BaaS for B2B Marketplace Platform

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GigaCloud (NASDAQ: GCT) stock price plunged hard this week after a research firm poked holes into its remarkable growth. It crashed to a low of $25.20, its lowest level since March 27th this year.

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EL MONTE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today issued the following statement in response to the claims made in a report by Grizzly Research LLC, a short-seller, issued on May 22, 2024.

GigaCloud Technology Inc Responds to Short-Seller Report

GigaCloud Technology (NASDAQ: GCT ) stock is taking a beating on Wednesday after the company's shares were hit with a short report from Grizzly Research. Grizzly Research alledges in its short report that GigaCloud Technology is a Chinese hustle that is manipulating data to attract investors.

GigaCloud (GCT) Stock Plunges on Grizzly Research Short Report

News for Gigacloud Tech Stock (GCT)