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GigaCloud Technology Inc Files Its Annual Report on Form 20-F for Fiscal Year 2022

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GigaCloud Technology Inc (Nasdaq: GCT) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the SEC on April 24, 2023. This report showcases the financial health and operational performance of the company, which is a leader in B2B ecommerce solutions for large parcel merchandise.

The Company’s platform, GigaCloud Marketplace, facilitates efficient cross-border transactions connecting manufacturers and resellers globally. GigaCloud has broadened its offerings beyond furniture to include home appliances and fitness equipment since launching in January 2019. A hard copy of the annual report is available for shareholders upon request.

Positive
  • The filing of Form 20-F indicates compliance with SEC regulations, enhancing transparency.
  • GigaCloud has expanded its product categories, indicating growth and diversification in its offerings.
Negative
  • None.

HONG KONG, April 24, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (the “SEC”) on April 24, 2023. The annual report on Form 20-F can be accessed on the SEC’s website at http://www.sec.gov and the Company’s investor relations website at https://investors.gigacloudtech.com/.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company’s Investor Relations at investor.relations@gigacloudtech.com.

About GigaCloud Technology Inc

GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce 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/.

Forward-Looking Statements

This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

GigaCloud Technology Inc

Investor Relations

Email: investor.relations@gigacloudtech.com

Ascent Investor Relations LLC

Tina Xiao

Tel: +1-917-609-0333

Email: tina.xiao@ascent-ir.com


FAQ

What is GigaCloud Technology's stock symbol?

GigaCloud Technology's stock symbol is GCT.

When did GigaCloud Technology file its annual report?

GigaCloud Technology filed its annual report on April 24, 2023.

What does GigaCloud Technology do?

GigaCloud Technology specializes in global B2B ecommerce solutions for large parcel merchandise.

Where can I access GigaCloud Technology's annual report?

The annual report can be accessed on the SEC’s website and GigaCloud’s investor relations website.

What are the key features of GigaCloud's marketplace?

GigaCloud Marketplace integrates discovery, payments, and logistics tools for B2B transactions.

GigaCloud Technology Inc

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Software - Infrastructure
Retail-catalog & Mail-order Houses
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