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Thu, 12 Jan 2023 12:02:08 +0000 |
GigaCloud Technology Inc. (NASDAQ:GCT) Has A ROE Of 12%
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
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Thu, 05 Jan 2023 11:00:00 +0000 |
GigaCloud Appoints New General Counsel and Vice President of Logistics
HONG KONG, Jan. 05, 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, announced today the appointments of Zoe Wong as General Counsel, and Anthony Garcia as Vice President of Logistics, respectively. Ms. Wong has joined the Company in January 2023. Prior to joining the Company, Ms. Wong was a corporate associate at the Hong Kong office of Latham & Watkins. Qualified
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Fri, 02 Dec 2022 10:06:59 +0000 |
GigaCloud Technology Third Quarter 2022 Earnings: Beats Expectations
GigaCloud Technology ( NASDAQ:GCT ) Third Quarter 2022 Results Key Financial Results Revenue: US$128.0m (up 23% from 3Q...
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Wed, 30 Nov 2022 13:30:00 +0000 |
Edited Transcript of GCT.OQ earnings conference call or presentation 30-Nov-22 1:30pm GMT
Q3 2022 GigaCloud Technology Inc Earnings Call
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Wed, 30 Nov 2022 11:00:00 +0000 |
GigaCloud Technology Inc Announces Third Quarter 2022 Financial Results
HONG KONG, Nov. 30, 2022 (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 its unaudited financial results for the quarter and nine months ended September 30, 2022. Mr. Larry Lei Wu, Founder, Chairman of the Board of Director and Chief Executive Officer of GigaCloud, commented, “We are very pleased to deliver another quarter of healthy growth despite a cha
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Mon, 21 Nov 2022 13:00:00 +0000 |
GigaCloud Technology Inc to Announce Third Quarter 2022 Financial Results on November 30, 2022
HONG KONG, Nov. 21, 2022 (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 will report its unaudited financial results for the third quarter of 2022 before the U.S. market opens on Wednesday, November 30, 2022. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (9:30 pm Beijing/Hong Kong
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Fri, 18 Nov 2022 10:45:04 +0000 |
Insiders own 24% of GigaCloud Technology Inc. (NASDAQ:GCT) shares but individual investors control 44% of the company
To get a sense of who is truly in control of GigaCloud Technology Inc. ( NASDAQ:GCT ), it is important to understand...
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Thu, 03 Nov 2022 12:00:00 +0000 |
GigaCloud Technology Inc Opens Malaysian Office to Increase its Presence in Southeast Asia
HONG KONG, Nov. 03, 2022 (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 GigaCloud has opened its first Malaysian office (the “Office”) in Muar, Johor, Malaysia, as part of a strategic initiative for optimizing regional supplier screenings and increasing the Company’s presence in Southeast Asia. Following GigaCloud's Initial Public Offering (“IPO”)
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Wed, 19 Oct 2022 15:23:55 +0000 |
GigaCloud Unveils Private Website Domain For Marketplace Sellers
GigaCloud Technology Inc (NASDAQ: GCT) unveiled its new private domain feature for sellers on its B2B GigaCloud Marketplace. Users of GigaCloud Marketplace can share their products with existing or potential customers through a personal GigaCloud web-hosted platform. The private domain allows marketplace sellers to share all their listings on the GigaCloud Marketplace without customers viewing other supplier products. Buyers (resellers) will be required to sign up to the domain to view the produ
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Wed, 19 Oct 2022 12:00:00 +0000 |
GigaCloud Technology Inc Launches Private Website Domain for Marketplace Sellers
Providing a trusted tool for sellers to consolidate and manage their distribution strategies through an easy-to-use platformHONG KONG, Oct. 19, 2022 (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 the Company unveiled its new private domain feature for sellers on its B2B GigaCloud Marketplace (“GigaCloud Marketplace”) on October 13, 2022. Users of G
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Mon, 03 Oct 2022 09:50:00 +0000 |
Where Will GigaCloud Stock Be in 1 Year?
GigaCloud's (NASDAQ: GCT) stock price tumbled 12% on Sept. 30 after the Chinese e-commerce services company posted its second-quarter earnings report. Revenue rose 11% year over year to $124 million, but adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) declined 53% to $7.
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Fri, 30 Sep 2022 13:15:59 +0000 |
GigaCloud Technology Posts 11% Revenue Growth In Q2
GigaCloud Technology Inc (NASDAQ: GCT) reported second-quarter FY22 sales growth of 11% year-on-year to $124 million. The revenue increase was primarily due to an increase in service revenue from GigaCloud 3P and product revenue from GigaCloud 1P, partially offset by the decrease in product revenue from off-platform e-commerce. The gross profit decreased 41.1% to $17 million and the gross margin contracted by 1,220 basis points to 13.7%. The operating margin was 6.6%, and the operating income fo
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Fri, 30 Sep 2022 12:30:00 +0000 |
Edited Transcript of GCT.OQ earnings conference call or presentation 30-Sep-22 12:30pm GMT
Q2 2022 GigaCloud Technology Inc Earnings Call
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Fri, 30 Sep 2022 10:00:00 +0000 |
GigaCloud Technology Inc Announces Second Quarter 2022 Financial Results
HONG KONG, Sept. 30, 2022 (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 its unaudited financial results for the quarter and six months ended June 30, 2022. Mr. Larry Lei Wu, Founder, Chairman of the Board of Director and Chief Executive Officer of GigaCloud, commented, “We are pleased to deliver a robust financial and operational results in our first q
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Fri, 23 Sep 2022 14:52:09 +0000 |
Why GigaCloud Stock Slumped This Week
Shares of GigaCloud Technology (NASDAQ: GCT), a business-to-business (B2B) e-commerce company, fell this week as investors processed the news of the Federal Reserve raising interest rates by another 75 basis points. The latest interest rate hike, and hikes from other central banks around the world, are causing investors to worry about the state of the global economy. As a result, GigaCloud's stock was down by 16.2% this week through early Friday, according to data provided by S&P Global Market Intelligence.
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Tue, 20 Sep 2022 12:30:00 +0000 |
GigaCloud Technology Inc to Announce Second Quarter 2022 Financial Results on September 30, 2022
HONG KONG, Sept. 20, 2022 (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 will report its unaudited financial results for the second quarter of 2022 before the U.S. market opens on Friday, September 30, 2022. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (8:30 pm Beijing/Hong Kong
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Thu, 01 Sep 2022 09:05:00 +0000 |
Better E-Commerce Stock: GigaCloud vs. Baozun
GigaCloud Technology (NASDAQ: GCT) and Baozun (NASDAQ: BZUN) represent two very different ways to invest in China's sprawling e-commerce sector. GigaCloud's business-to-business platform connects product manufacturers -- most of them based in China -- with retailers across the world. Baozun's end-to-end e-commerce platform serves as a one-stop shop for large foreign companies that want to quickly establish an online presence in China.
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Tue, 23 Aug 2022 16:50:59 +0000 |
Why GigaCloud Stock Plummeted Tuesday
Shares of GigaCloud Technology (NASDAQ: GCT) were getting crushed on Tuesday. The business-to-business (B2B) e-commerce company's shares fell as much as 38.3%. The stock's slide is due to continued volatile trading following the company's initial public offering (IPO) last week.
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Mon, 22 Aug 2022 14:02:00 +0000 |
GigaCloud Technology Inc Announces Closing of $41 Million Initial Public Offering with Simultaneous Full Exercise of the Over-Allotment Option
HONG KONG, Aug. 22, 2022 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced the closing of its initial public offering, and simultaneous closing of the full over-allotment option of 3,381,000 Class A ordinary shares at a public offering price of $12.25 per Class A ordinary share (the “Offering”). The gross proceeds of the Offering were approximately $41 million before ded
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Mon, 22 Aug 2022 12:53:49 +0000 |
Is It Too Late to Buy GigaCloud Technology Stock?
GigaCloud Technology (NASDAQ: GCT) has taken investors on a wild ride since its initial public offering on Aug. 18. The Chinese e-commerce solutions company went public at $12.25, started trading at $19.
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