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 Tech (GCT) operates a global B2B e-commerce platform specializing in large parcel merchandise, connecting Asian manufacturers with international resellers through integrated discovery, payment, and logistics solutions. This page aggregates official announcements and verified news about the company's marketplace operations, strategic partnerships, and technological developments.
Investors and business professionals will find timely updates on earnings reports, supply chain innovations, and cross-border trade initiatives. The curated collection includes press releases about warehouse network expansions, platform feature enhancements, and key partnership agreements within the global e-commerce sector.
All content undergoes verification to ensure accuracy and relevance to GCT's core operations in B2B technology solutions. Users can expect updates covering operational milestones, financial disclosures, and industry-specific developments related to large-parcel logistics and digital marketplace trends.
Bookmark this page for streamlined access to critical updates about GCT's evolving role in global e-commerce infrastructure. Check regularly for new insights into the company's fulfillment network growth and technological advancements in cross-border transaction management.
GigaCloud Technology (Nasdaq: GCT), a B2B technology solutions provider for large parcel merchandise, reported strong Q2 2025 financial results with record quarterly revenue of $322.6 million, up 3.8% year-over-year. The company achieved net income of $34.6 million, a 28.1% increase, with diluted EPS rising 40% to $0.91.
Key operational metrics showed significant growth, with GigaCloud Marketplace GMV increasing 31% to $1.44 billion and active buyers surging 50.9% to 10,951. The company's Noble House portfolio has become a meaningful margin contributor, while their share repurchase programs have resulted in approximately 4.3 million shares repurchased for $71 million.
For Q3 2025, GigaCloud projects revenue between $295 million and $310 million. The company maintains a debt-free balance sheet with $303.7 million in cash and investments as of June 30, 2025.
GigaCloud Technology Inc (Nasdaq: GCT), a global B2B ecommerce solutions provider for large parcel merchandise, has scheduled its 2025 second quarter and six-month financial results announcement for August 7, 2025, after market close.
The company will host a conference call on the same day at 6:30 PM Eastern Time. Participants must pre-register to receive dial-in information and a unique PIN. The event will also be available via webcast on GigaCloud's investor relations website.
GigaCloud Technology Inc. (Nasdaq: GCT), a B2B technology solutions provider for large parcel merchandise, has expanded its European fulfillment network with a new 409,300 square foot facility in Werne, Germany. This marks the company's sixth fulfillment center in Germany, strengthening its regional infrastructure.
The facility, which began operations in July 2025, is part of GigaCloud's global network of 39 fulfillment centers spanning over 11.2 million square feet across the United States, United Kingdom, Germany, Canada, and Japan. The expansion is supported by Garbe Industrial, a leading logistics real estate developer in Germany and Europe.
GigaCloud Technology Inc (Nasdaq: GCT), a B2B ecommerce solutions provider for large parcel merchandise, will showcase its products and partnerships at the 2025 Summer Las Vegas Market from July 27-31 at World Market Center.
The company's showroom at A610 will feature collaborations with major brands including Christopher Knight Home, which will present modern furniture collections, and Purple Innovation, where GigaCloud's Supplier Fulfilled Retailing (SFR) model will be demonstrated. The exhibition also highlights GigaCloud's expansion into sleep solutions through partnerships with Zinus, Nubba Sleep, Instant Comfort, and House & Home.
GigaCloud Technology (Nasdaq: GCT), a leader in B2B ecommerce solutions for large parcel merchandise, has scheduled its Q1 2025 earnings release for May 12, 2025, after market close. The company will host a conference call at 6:30 PM Eastern Time on the same day to discuss the financial results.
Participants must pre-register to receive dial-in information and a unique PIN. The company recommends joining the call 15 minutes before start time. Both live and archived versions of the webcast will be available on GigaCloud's investor relations website.
GigaCloud Technology (Nasdaq: GCT) has expanded its share repurchase program with an additional $16 million authorization, increasing the total buyback capacity to $62 million from the previous $46 million. The program will run through August 28, 2025.
The company may execute these repurchases through various means, including open market transactions, privately negotiated deals, and block trades, in compliance with Rules 10b5-1 and 10b-18 of the Securities Exchange Act. The timing and volume of repurchases will be influenced by factors such as share price, trading volume, market conditions, working capital requirements, and general business conditions.
The buyback program will be funded from GigaCloud's existing cash balance and remains subject to periodic review by the board, who may modify, suspend, or terminate it at any time.
GigaCloud Technology Inc (Nasdaq: GCT) has announced a strategic partnership with Scott Living by Drew & Jonathan™, integrating the home furnishings brand into its Branding-as-a-Service (BaaS) Program. The collaboration will expand GigaCloud's B2B Marketplace offerings, particularly in outdoor furniture and décor.
The partnership leverages Scott Living's trusted brand reputation to enhance GigaCloud's marketplace ecosystem, providing sellers with new opportunities and buyers with broader product selections. GigaCloud's Supplier Fulfilled Retailing model will support the program's infrastructure, focusing on supply chain efficiency and technological advancement.
Drew and Jonathan Scott, creators of Scott Living, emphasized their decade-long commitment to delivering quality home furnishings and view the GigaCloud platform as an opportunity to expand their market reach and collaborate with more suppliers and retail channels.
GigaCloud Technology Inc (Nasdaq: GCT) announced that its subsidiary, Apexis, is launching the Wonder App, a mobile-first sales acceleration platform for brick-and-mortar commerce. The app, set to be available by mid-March on iOS and Android, connects suppliers with retail sales associates (RSAs) through education, training, performance tracking, and rewards systems.
Ashley Furniture Industries is the first major adopter of the Wonder App. The platform features real-time performance tracking, educational content delivery, and a points-based reward system with gamification elements to boost engagement and sales effectiveness.
As part of this development, Apexis (dba Wondersign) will rebrand as Wonder. The app is integrated into GigaCloud's GIGA IQ™ package, enhancing the company's B2B Marketplace platform and B2C enabling system, aimed at optimizing performance across digital and physical retail channels.
GigaCloud Technology (Nasdaq: GCT) reported its Q4 and full-year 2024 financial results, achieving a milestone of over $1 billion in annual revenues. For Q4 2024, total revenues increased 20.9% YoY to $295.8M, though net income decreased 12.9% to $31M with margins declining from 14.5% to 10.5%.
Full-year 2024 highlights include: revenues of $1,161.0M (+65.0% YoY), gross profit of $285.2M (+51.2% YoY), and net income of $125.8M (+33.7% YoY). The company's GigaCloud Marketplace showed strong growth with GMV increasing 68.9% YoY to $1,341.4M, while active buyers grew 85.7% to 9,306.
The company appointed Erica Wei as CFO and expects Q1 2025 revenues between $250-265M. Under its share repurchase program, GigaCloud has executed approximately $29M in share repurchases, with $23M during Q4 2024 and $6M subsequently.
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