GigaCloud Technology Inc to Participate in 28th Annual Needham Growth Conference
Rhea-AI Summary
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.
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News Market Reaction
On the day this news was published, GCT gained 0.22%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
GCT was down 1.44% while close peers showed mixed, mostly small moves (e.g., IIIV -0.11%, RDWR -1.39%, YEXT +0.37%, BASE +0.04%, TIXT 0%), indicating stock-specific trading rather than a sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 02 | Acquisition completion | Positive | -1.3% | Closed $18M acquisition of New Classic on a debt-free basis. |
| Dec 09 | Network expansion | Positive | +1.8% | Leased 617,000 sq ft New Jersey fulfillment center, expanding network. |
| Dec 03 | Acquisition agreement | Positive | +1.9% | Entered definitive agreement to acquire 100% of New Classic for $18M. |
| Dec 03 | Investor conference | Positive | +1.5% | Announced one-on-one investor meetings at ROTH Deer Valley event. |
| Nov 24 | AI conference | Positive | -0.2% | Planned investor meetings at UBS Global Technology and AI Conference. |
Recent news has been largely positive (acquisitions, network expansion, conferences) with mostly aligned positive price reactions, though some favorable updates have seen mild negative or flat follow-through.
Over the last few months, GigaCloud reported several growth-focused developments. It agreed on December 3, 2025 to acquire New Classic Home Furnishings for $18 million and completed the deal on January 2, 2026, adding a U.S. distributor with over 1,000 retailer customers and more than 2,000 SKUs. The company also expanded its logistics footprint with a new 617,000 square-foot New Jersey facility, bringing its network to 38 locations and over 11 million square feet. Multiple investor conference participations highlighted ongoing engagement with the investment community, consistent with today’s Needham conference news.
Market Pulse Summary
This announcement highlights GigaCloud’s participation in the 28th Annual Needham Growth Conference, with a webcasted presentation and one-on-one investor meetings on January 16, 2026. It follows recent milestones such as the completed New Classic acquisition and expansion of the global fulfillment network to 38 locations. Investors may watch for any incremental disclosures or strategic commentary from the event while considering these developments and the company’s prior growth updates.
AI-generated analysis. Not financial advice.
EL MONTE, Calif., Jan. 09, 2026 (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 that Larry Wu, its Founder and Chief Executive Officer, 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 virtual presentation will be webcast at https://investors.gigacloudtech.com/ and will be available for replay for 90 days after the live event ends.
GigaCloud also will conduct one-on-one meetings with investors throughout the day. To schedule a meeting, please contact your Needham representative, or PondelWilkinson at tkehrli@pondel.com.
About GigaCloud Technology Inc
GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, which it refers to as the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s 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 Company offers a truly comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories such as home appliances and fitness equipment. For more information, please visit the Company’s website: https://investors.gigacloudtech.com/.
For investor and media inquiries, please contact:
GigaCloud Technology Inc
Investor Relations
Email: ir@gigacloudtech.com
PondelWilkinson Inc.
Todd Kehrli (Investors) – tkehrli@pondel.com
Laurie Berman (Investors) – lberman@pondel.com
George Medici (Media) – gmedici@pondel.com
FAQ
When will GigaCloud (GCT) present at the Needham Growth Conference?
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How long will the GigaCloud (GCT) Needham presentation replay be available?
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Who is presenting for GigaCloud (GCT) at the 28th Annual Needham Growth Conference?
