GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was founded in 2006 and is headquartered in Suzhou, China.

GigaCloud Technology Inc.

GigaCloud Technology provides a B2B marketplace that offers a platform for discovery, payments, and logistics solutions, enabling global suppliers and resellers to connect and conduct transactions efficiently. The platform aims to enhance trade relationships and optimize fulfillment processes.

GigaCloud Technology

GigaCloud Technology | 3,436 followers on LinkedIn. Reimagining Global B2B  | GigaCloud Technology is a leading B2B marketplace provider, striving to empower the future of global e-commerce landscape. 

With a meticulously developed and comprehensive B2B platform coupled with decades of industry experience, GigaCloud delivers success to large parcel &amp; e-commerce players throughout the world.

John Visser

Vice President of Sales Operations at Giga Cloud Technology

Scott Chorna

President @ GigaCloud Technology | Harvard Disruptive Strategy l Professor

Iman Schrock

Accounts Payable Specialist | Expertise in Invoice Processing - Ensuring Accuracy & Timely Payments & Vendor Relations

Jubbie Sukharom

GigaCloud Technology is thrilled to share its Q3 2024 results with new highs in net income and adjusted EBITDA. Our Marketplace continues to surge, now with over 1,000 sellers, nearly 9,000 buyers, and a GMV of $1.2B—clear proof of the growing recognition of our ecosystem and the unique strength of our SFR model. We are building the future with our partners and customers, one breakthrough at a time. And this is only the beginning. For full results, visit: https://lnkd.in/gazRw-x3

This Breast Cancer Awareness Month, we at GigaCloud Technology stand in solidarity with those bravely battling breast cancer, the survivors, and in remembrance of those we've lost. We are proud to sponsor the Los Angeles Business Journal ’s Breast Cancer Awareness edition as part of our commitment to raising awareness, supporting those affected, and championing groundbreaking research. Together, let’s create a future where no one has to live in fear of this devastating disease🎗️ #BreastCancerAwareness #GigaGives

Want to know how Fed rate cuts impact a fragmented industry like furniture? Read this article from Furniture Today to find out how our CEO Larry Lei Wu and interim CFO Erica Wei, CPA assess its impact on our future prospects. Link: https://lnkd.in/eGwCDSNB

Instead of battling the impossible to survive, why not seize the opportunity to thrive? In this article from Furniture Today , our CEO Larry Wu explores the critical role of inventory management in retail success. Discover how businesses can navigate the challenges of today's competitive landscape by understanding and optimizing risk-adjusted margins. Read now: https://lnkd.in/g8tgAhkw

Great news! GigaCloud Technology has been nominated in several categories for Furniture Today 2024 Reader Rankings Awards. Your nominations reflect our commitment to streamlining the global wholesale supply chain while delivering exceptional services to our customers. Last year, your support helped us win multiple categories. This year, we are counting on you again to help us repeat our victory🙌 Here are the categories where you can find us: 🛒 Technology -> Best Ecommerce Technology 💡 Honorable Mentions -> Industry's Leading Innovator 🌎 Logistics -> Best Logistics Technology Company Your vote matters! Help us win by clicking here and casting your vote: https://lnkd.in/gyi6QfPj

GigaCloud Technology is proud to announce its earnings result for the second quarter and six months ended June 30, 2024, with total revenues more than doubling and impressive growth across key metrics. We are transforming the global wholesale supply chain with our SFR model. Join our Marketplace today and be part of the revolution. Read more: https://lnkd.in/gR4zTF8j

🫡 Las Vegas Market | ANDMORE℠ , we are ready for you! Experience the Giga difference. Visit us at building A-610. #lvmkt #gct #lasvegasmarket

🥁 Las Vegas Market | ANDMORE℠ is coming, are you ready? Join us in building A-610 to experience our innovations and advanced solutions catered to you. Discover Wondersign® and Noble House Home Furnishings, LLC all under one roof!

In a recent interview with Furniture Today , our CTO Xin Wan dives deep into how we leverage AI to empower businesses across the B2B large parcel fulfillment landscape. Read the full article here: https://lnkd.in/ga4arpvr

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	2.86M -	37.45M 1,210.99%	29.26M 21.89%	23.97M 18.06%	94.11M 292.57%
depreciation and amortization	128K -	227K 77.34%	775K 241.41%	1.39M 78.84%	2.87M 107.29%
deferred income tax	-221K -	618K 379.64%	131K 78.80%	183K 39.69%	398K 117.49%
stock based compensation		-947K -	9.68M 1,122.28%	9.20M 5.01%	2.50M 72.78%
change in working capital	-1.97M -	-4.10M 107.71%	-34.87M 751.32%	5.99M 117.16%	15.01M 150.71%
accounts receivables	-6.65M -	-10.12M 52.21%	5.90M 158.28%	-9.16M 255.35%	-5.06M 44.79%
inventory	-6.87M -	-13.86M 101.69%	-47.15M 240.12%	2.79M 105.91%	671K 75.91%
accounts payables	9.28M -	4.14M 55.36%	6.31M 52.35%	6.62M 4.91%	19.39M 192.97%
other working capital	2.27M -	15.74M 592.96%	72K 99.54%	5.74M 7,875%	-15.01M 361.32%
other non cash items	365K -	27K 92.60%	3.58M 13,166.67%	8.93M 149.41%	18.57M 107.80%
net cash provided by operating activities	1.16M -	33.28M 2,776.75%	8.56M 74.29%	49.66M 480.36%	133.45M 168.75%
investments in property plant and equipment	-944K -	-654K 30.72%	-1.82M 179.05%	-709K 61.15%	-4.38M 517.77%
acquisitions net		7.00K -			-86.63M -
purchases of investments
sales maturities of investments
other investing activites		-0.00 -			462K -
net cash used for investing activites	-944K -	-647K 31.46%	-1.82M 182.07%	-709K 61.15%	-90.55M 12,671.09%
debt repayment		-492K -	-2.96M 500.81%	-3.94M 33.15%
common stock issued		25M -		34.24M -
common stock repurchased		-2.44M -
dividends paid		-22.57M -
other financing activites	89K -	23.76M 26,601.12%		1.58M -
net cash used provided by financing activities	89K -	23.27M 26,048.31%	-2.96M 112.70%	31.89M 1,178.72%
effect of forex changes on cash	139K -	735K 428.78%	-2.11M 387.07%	380K 118.01%
net change in cash	441K -	56.64M 12,744.44%	1.67M 97.06%	81.21M 4,777.72%	42.91M 47.17%
cash at beginning of period	5.11M -	5.55M 8.63%	62.20M 1,020.06%	63.86M 2.68%
cash at end of period	5.55M -	62.20M 1,020.06%	63.86M 2.68%	145.08M 127.17%	42.91M 70.43%
operating cash flow	1.16M -	33.28M 2,776.75%	8.56M 74.29%	49.66M 480.36%	133.45M 168.75%
capital expenditure	-944K -	-654K 30.72%	-1.82M 179.05%	-709K 61.15%	-4.38M 517.77%
free cash flow	213K -	32.63M 15,219.25%	6.73M 79.37%	48.95M 627.19%	129.07M 163.70%

COM:GIGACLOUDTECH

GigaCloud Technology

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23.26

21/11 19:50

Market Cap

1.30B

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621.62K

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