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
revenue	122.30M -	275.48M 125.26%	414.20M 50.36%	490.07M 18.32%	703.83M 43.62%
cost of revenue	100.10M -	200.36M 100.16%	324.60M 62.01%	406.96M 25.37%	515.20M 26.60%
gross profit	22.19M -	75.12M 238.45%	89.60M 19.28%	83.11M 7.24%	188.63M 126.96%
selling and marketing expenses	8.65M -	11.53M 33.28%	13.49M 16.97%	24.04M 78.24%	41.39M 72.17%
general and administrative expenses	8.74M -	19.40M 121.95%	36.76M 89.44%	22.63M 38.44%	30.01M 32.62%
selling general and administrative expenses	17.39M -	30.93M 77.85%	50.24M 62.43%	46.66M 7.12%	71.39M 52.99%
research and development expenses				1.43M -	3.92M 175.25%
other expenses	-168K -	56K 133.33%	156K 178.57%	-1.08M 795.51%	3.24M 398.25%
cost and expenses	117.49M -	231.29M 96.86%	374.84M 62.06%	453.96M 21.11%	593.75M 30.79%
operating expenses	17.39M -	30.93M 77.85%	50.24M 62.43%	47.01M 6.44%	78.56M 67.12%
interest expense		46K -	309K 571.74%	568K 83.82%	-1.24M 318.31%
ebitda	4.76M -	44.52M 834.61%	40.82M 8.32%	37.97M 6.98%	110.08M 189.89%
operating income	4.80M -	44.18M 820.12%	39.35M 10.93%	35.02M 11.00%	110.08M 214.30%
depreciation and amortization	-38K -	341K 997.37%	1.47M 330.50%	2.95M 100.89%
total other income expenses net	-2K -	1.09M 54,650%	-1.63M 249.22%	-3.86M 137.04%	4.92M 227.42%
income before tax	4.80M -	45.27M 842.84%	37.73M 16.68%	31.16M 17.39%	115.00M 269.00%
income tax expense	1.95M -	7.82M 302.06%	8.47M 8.29%	7.19M 15.07%	-20.89M 390.42%
net income	2.86M -	37.45M 1,210.99%	29.26M 21.89%	23.97M 18.06%	94.11M 292.57%
weighted average shs out	40.24M -	40.24M 0%	40.24M 0%	40.24M 0%	40.79M 1.35%
weighted average shs out dil	40.24M -	40.24M 0%	40.24M 0%	40.24M 0%	40.92M 1.69%
eps	0.07 -	0.93 1,209.86%	0.69 25.81%	0.60 13.04%	2.30 283.33%
epsdiluted	0.07 -	0.93 1,209.86%	0.69 25.81%	0.60 13.04%	2.30 283.33%

COM:GIGACLOUDTECH

GigaCloud Technology

Last Close

23.26

21/11 15:19

Market Cap

1.30B

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234.41K

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