Welcome to our dedicated page for Gigacloud Tech news (Ticker: GCT), a resource for investors and traders seeking the latest updates and insights on Gigacloud Tech stock.
GigaCloud Technology Inc (NASDAQ: GCT) is a B2B ecommerce company in the retail trade sector that focuses on large parcel merchandise through its GigaCloud Marketplace platform. The company describes itself as a pioneer of global end-to-end B2B technology solutions, integrating discovery, payments, and logistics into one environment that connects manufacturers, primarily in Asia, with resellers in the U.S., Asia, and Europe.
This news page aggregates company announcements and market updates related to GigaCloud Technology Inc. Readers can follow disclosures about its marketplace expansion, fulfillment network, acquisitions, and financial performance. For example, GigaCloud has reported the growth of its fulfillment network to dozens of strategic locations across multiple countries and has highlighted new facilities, such as a large fulfillment center in New Jersey, as part of its operational expansion.
GigaCloud’s news flow also covers corporate transactions and strategy, including the definitive Share Purchase Agreement and subsequent completion of the acquisition of New Classic Home Furnishings, a U.S.-based distributor serving the home furnishings market. The company has explained that this acquisition is intended to strengthen its ecosystem by adding a wholesale business with extensive retailer relationships and a broad product assortment.
Investors and analysts can also use this page to review earnings announcements and financial updates, which detail service and product revenues, gross profit, and non-GAAP metrics such as Adjusted EBITDA and Adjusted EPS – diluted. In addition, GigaCloud frequently announces participation in investor conferences and events, where its leadership presents the company’s strategy and meets with institutional investors.
Recognition and awards are another recurring theme in GigaCloud’s news, including its reported inclusion in TIME’s “America’s Growth Leaders 2026” list and other rankings that the company cites as acknowledgments of its growth and financial stability. Bookmark this page to access a centralized view of GCT-related press releases and official communications.
GigaCloud Technology (Nasdaq: GCT) announced on January 14, 2026 the immediate appointments of Michael Pitman and Scott Hill as vice presidents of sales. Pitman brings over four decades of home furnishings experience, including more than 15 years in senior roles at Ashley Furniture and recent senior sales executive roles at Magnussen Home Furnishings and Nourison Home.
Hill brings more than 30 years in home furnishings, including eight years at Ashley Furniture and 15 years in senior roles at New Classic Home Furnishings. Both will lead sales strategy, strengthen partnerships, and expand GigaCloud’s presence in the home furnishings market.
GigaCloud Technology (Nasdaq: GCT) announced that Founder and CEO Larry Wu will present at the 28th Annual Needham Growth Conference on Friday, January 16, 2026 at 2:15 p.m. ET / 11:15 a.m. PT. The presentation will be webcast live and available for replay for 90 days at the company's investor site. GigaCloud will also hold one-on-one investor meetings the same day; meeting requests should be made through Needham representatives or PondelWilkinson.
GigaCloud Technology (Nasdaq: GCT) announced on January 2, 2026 that it completed the acquisition of New Classic Home Furnishings for $18 million in total consideration on a debt-free basis, including a post-closing earn-out.
GigaCloud acquired 100% of New Classic, a U.S. distributor founded more than 25 years ago that serves over 1,000 retailer customers and offers more than 2,000 SKUs. The deal was funded from the company’s existing cash on hand and is subject to customary post-closing adjustments, including a net working capital adjustment. The acquisition aims to integrate New Classic’s retailer network into GigaCloud’s marketplace and fulfillment capabilities to expand its large-parcel commerce ecosystem.
GigaCloud (Nasdaq: GCT) has leased a new class A fulfillment center in Jackson Township, New Jersey, spanning approximately 617,000 square feet. The facility is leased from Brookfield Properties and is expected to begin operations in January 2026.
With this addition, GigaCloud's global fulfillment network now includes 38 locations totaling more than 11 million square feet across five countries, and the Jackson site becomes its largest facility in New Jersey to support growing marketplace volume.
GigaCloud Technology (Nasdaq: GCT) entered a definitive Share Purchase Agreement to acquire 100% of New Classic Home Furnishings for $18 million on a debt-free basis, including a post-close earn-out. The terms remain unchanged from the October 24 disclosure.
The transaction will be funded from GigaCloud's existing cash on hand, has unanimous board approval, and is expected to close on January 2, 2026, subject to customary closing conditions.
GigaCloud Technology (Nasdaq: GCT) said its CFO Erica Wei and President Iman Schrock will hold one-on-one investor meetings at the 14th Annual ROTH Deer Valley Event in Park City, Utah from December 10–13, 2025. Meetings are by appointment; investors should contact their ROTH representative or PondelWilkinson via the provided email to schedule.
GigaCloud Technology (Nasdaq: GCT) announced that CEO Larry Wu and CFO Erica Wei will hold one-on-one investor meetings at the UBS Global Technology and AI Conference in Scottsdale, Arizona.
The conference runs from December 1 to December 4, 2025. Meetings must be scheduled through a UBS representative or PondelWilkinson at tkehrli@pondel.com.
GigaCloud Technology (Nasdaq: GCT) was named to Forbes’ America’s Most Successful Small-Cap Companies 2026 on Nov 17, 2025, marking its second consecutive year on the list after ranking No. 1 in 2025. The recognition highlights GigaCloud’s growth and marketplace model for large-parcel B2B commerce and signals investor and industry acknowledgment of its scalability and resilience.
Forbes evaluated ~1,400 U.S. small-cap firms (market caps $300M–$5B) using weighted stock return, sales growth, return on equity and earnings growth, with emphasis on the most recent 12 months.
GigaCloud Technology (Nasdaq: GCT) announced that President Iman Schrock and CFO Erica Wei will participate in the 14th Annual Roth Technology Conference on Wednesday, November 19, 2025 in New York City.
The company said the conference will consist of one-on-one investor meetings. Investors or analysts seeking a meeting should contact their Roth representative or PondelWilkinson at
GigaCloud Technology (Nasdaq: GCT) reported third quarter and nine months results for the period ended September 30, 2025, including Q3 revenue of $332.6M (+9.7% YoY) and diluted EPS of $0.99 (up 1.0% YoY). The company reported Q3 gross profit $77.0M and adjusted EBITDA $43.4M. Cash, restricted cash and investments totaled $366.6M at September 30, 2025 versus $303.1M at December 31, 2024. Operational metrics showed Marketplace GMV $1,488.5M (12 months) and active buyers of 11,419. GigaCloud announced a binding term sheet to acquire New Classic for $18M, set a $111M share repurchase program, and provided Q4 2025 revenue guidance of $328M–$344M.
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