GigaCloud Technology Inc Secures Multiple Wins in Furniture Today’s 2024 Reader Rankings for Second Consecutive Year
GigaCloud Technology (Nasdaq: GCT) has been recognized in multiple categories of Furniture Today's 2024 Reader Rankings, including 'Industry's Leading Innovator,' 'Best Ecommerce Technology,' and 'Best Logistics Technology Company.' This marks the second consecutive year of recognition for the company.
The B2B ecommerce platform reported significant operational metrics, including 1,051 active sellers and 8,535 active buyers who generated over $1.2 billion in Marketplace GMV for the twelve months ended September 30, 2024. The company's success is attributed to its SFR model enhanced by advanced logistics solutions and strategic load balancing.
GigaCloud Technology (Nasdaq: GCT) è stata riconosciuta in diverse categorie delle 2024 Reader Rankings di Furniture Today, tra cui 'Innovatore Leader del Settore', 'Migliore Tecnologia Ecommerce' e 'Migliore Azienda di Tecnologia Logistica.' Questo rappresenta il secondo anno consecutivo di riconoscimenti per l'azienda.
La piattaforma ecommerce B2B ha riportato metriche operative significative, tra cui 1.051 venditori attivi e 8.535 acquirenti attivi che hanno generato oltre $1,2 miliardi in GMV di Marketplace per i dodici mesi conclusi il 30 settembre 2024. Il successo dell'azienda è attribuito al suo modello SFR potenziato da soluzioni logistiche avanzate e bilanciamento strategico del carico.
GigaCloud Technology (Nasdaq: GCT) ha sido reconocida en múltiples categorías de las Clasificaciones de Lectores 2024 de Furniture Today, incluyendo 'Innovador Líder en la Industria', 'Mejor Tecnología Ecommerce' y 'Mejor Empresa de Tecnología Logística.' Este es el segundo año consecutivo de reconocimiento para la empresa.
La plataforma de comercio electrónico B2B reportó métricas operativas significativas, incluyendo 1,051 vendedores activos y 8,535 compradores activos que generaron más de $1.2 mil millones en GMV de Marketplace durante los doce meses que terminaron el 30 de septiembre de 2024. El éxito de la empresa se atribuye a su modelo SFR mejorado por soluciones logísticas avanzadas y una distribución estratégica de la carga.
기가클라우드 테크놀로지 (Nasdaq: GCT)는 퍼니처 투데이 2024 독자 순위에서 '업계 최고의 혁신가', '최고의 전자상거래 기술', '최고의 물류 기술 회사' 등 여러 카테고리에서 인정받았습니다. 이는 회사의 두 번째 연속 수상입니다.
B2B 전자상거래 플랫폼은 1,051명의 활성 판매자와 8,535명의 활성 구매자를 포함한 상당한 운영 지표를 보고했으며, 2024년 9월 30일로 끝나는 12개월 동안 12억 달러 이상의 마켓플레이스 GMV를 생성했습니다. 회사의 성공은 고급 물류 솔루션과 전략적 하중 균형으로 강화된 SFR 모델 덕분입니다.
GigaCloud Technology (Nasdaq: GCT) a été reconnue dans plusieurs catégories des Classements des Lecteurs 2024 de Furniture Today, notamment 'Innovateur Leader de l'Industrie', 'Meilleure Technologie Ecommerce', et 'Meilleure Entreprise de Technologie Logistique.' C'est la deuxième année consécutive que l'entreprise est reconnue.
La plateforme de commerce électronique B2B a signalé des indicateurs opérationnels significatifs, y compris 1 051 vendeurs actifs et 8 535 acheteurs actifs qui ont généré plus de 1,2 milliard de dollars de GMV de Marketplace pour les douze mois se terminant le 30 septembre 2024. Le succès de l'entreprise est attribué à son modèle SFR renforcé par des solutions logistiques avancées et une répartition stratégique des charges.
GigaCloud Technology (Nasdaq: GCT) wurde in mehreren Kategorien der 2024 Reader Rankings von Furniture Today ausgezeichnet, darunter 'Führender Innovator der Branche', 'Beste E-Commerce-Technologie' und 'Bester Logistik-Technologiekonzern.' Dies markiert das zweite aufeinanderfolgende Jahr der Anerkennung für das Unternehmen.
Die B2B-E-Commerce-Plattform berichtete über signifikante betriebliche Kennzahlen, darunter 1.051 aktive Verkäufer und 8.535 aktive Käufer, die über $1,2 Milliarden in Marketplace-GMV für die zwölf Monate bis zum 30. September 2024 generierten. Der Erfolg des Unternehmens wird seinem SFR-Modell zugeschrieben, das durch fortschrittliche Logistiklösungen und strategisches Lastenausgleich verbessert wurde.
- Achieved $1.2 billion in Marketplace GMV over 12 months
- Strong marketplace metrics with 1,051 active sellers and 8,535 active buyers
- Industry recognition in multiple categories for second consecutive year
- None.
EL MONTE, Calif., Dec. 17, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced its recognition as a winner in Furniture Today’s 2024 Reader Rankings across multiple categories, including “Industry’s Leading Innovator,” “Best Ecommerce Technology,” and “Best Logistics Technology Company.”
“We are honored to be recognized again by Furniture Today’s Reader Rankings, a powerful validation of GigaCloud's transformative impact on the industry,” said Larry Wu, Founder, Chairman, and Chief Executive Officer. “As we celebrate these notable distinctions, we acknowledge our 1,051 active sellers and 8,535 active buyers—who collectively generated more than
Furniture Today’s annual Reader Rankings invites its readers and industry peers to select organizations for excellence and innovation in the furniture industry in various categories, including finance, logistics, suppliers and technology. Last year, GigaCloud Technology was recognized as “Best Ecommerce Technology” and “Best Logistics Technology Company,” while securing a top-three position in the “Industry’s Leading Innovator” category.
As the leading publication in the furniture industry, Furniture Today provides essential updates on retail and manufacturing news, product trends and market analysis. With its positioning as the “Number One In The Furniture Industry, and Growing In Popularity Daily,” Furniture Today keeps the furniture industry informed and connected.
About GigaCloud Technology Inc
GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, 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. GigaCloud offers a 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, including home appliances and fitness equipment. For more information, please visit the Company’s website: https://www.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
ir@gigacloudtech.com
PondelWilkinson, Inc.
Laurie Berman (Investors) – lberman@pondel.com
George Medici (Media) – gmedici@pondel.com
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