GigaCloud(GCT)

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GigaCloud(GCT) - 2024 Q2 - Earnings Call Presentation
2025-05-02 09:37
The information contained in this presentation has been prepared by GigaCloud Technology Inc (the "Company") solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment or trading strategy, nor shall any part of it form the basis of, or be relied on in connection with, any con ...
GigaCloud(GCT) - 2024 Q3 - Earnings Call Presentation
2025-05-02 09:32
November 2024 Disclaimer Q3 Earnings Presentation The information contained in this presentation has been prepared by GigaCloud Technology Inc (the "Company") solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment or trading strategy, nor shall any part of it form the bas ...
Orbic North America and GCT Semiconductor Sign LOI to Develop and Supply Orbic-Branded FWA Gateway and Mobile Hotspot with GCT's Verizon-Certified 5G Module
Prnewswire· 2025-04-16 12:00
As part of the collaborative multi-phase market rollout, Orbic and GCT will initially focus on devices for the Verizon network. Additionally, they will offer versions of the module and devices, including mobile hotspots and CPEs, to other network operators worldwide. GCT will support the joint development and technical efforts by providing core services, including technical expertise, and chipsets for volume production requirements. HAUPPAUGE, N.Y. and SAN JOSE, Calif., April 16, 2025 /PRNewswire/ -- Orbic ...
GigaCloud: Think Of The Long Term
Seeking Alpha· 2025-04-03 13:05
Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I wrote my first take on GigaCloud Technology Inc. (NASDAQ: GCT ) stock in early November 2023 , initially with a "Hold" rating, citing that the hanging risks at the time couldn't justify a "Buy". But then I sawDaniel Sereda is chief investment analyst at a family o ...
GigaCloud Technology Inc. (GCT) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2025-04-02 22:50
In the latest market close, GigaCloud Technology Inc. (GCT) reached $14.73, with a +0.07% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.67%. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, added 0.87%.Prior to today's trading, shares of the company had lost 5.22% over the past month. This has lagged the Business Services sector's loss of 3.55% and was narrower than the S&P 500's loss of 5.28% in that time.Analysts and investors ...
GigaCloud Technology Inc Increases Share Repurchase Program by $16 Million
GlobeNewswire· 2025-04-02 20:05
Core Viewpoint - GigaCloud Technology Inc has increased its share repurchase program by an additional $16 million, raising the total authorization to $62 million, which will be active until August 28, 2025 [1][2]. Company Overview - GigaCloud Technology Inc specializes in global end-to-end B2B ecommerce technology solutions for large parcel merchandise, offering a platform called the "GigaCloud Marketplace" that integrates discovery, payments, and logistics [3]. - The company connects manufacturers, primarily in Asia, with resellers in the U.S., Asia, and Europe, facilitating cross-border transactions efficiently [3]. - GigaCloud launched its marketplace in January 2019, initially focusing on the global furniture market and has since expanded into home appliances and fitness equipment [3]. Share Repurchase Program Details - The share repurchase program allows the company to buy back its ordinary shares through various means, including open market transactions and block trades [2]. - Repurchase transactions will depend on factors such as share price, trading volume, and general market conditions, as well as the company's working capital requirements [2]. - The board of directors will periodically review the program and may modify or terminate it at any time, with repurchases funded from the existing cash balance [2].
GigaCloud Technology Inc Welcomes Scott Living by Drew & Jonathan™, the Signature Home Brand of Drew and Jonathan Scott, to Its BaaS Program
Newsfilter· 2025-03-26 20:05
EL MONTE, Calif., March 26, 2025 (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 that Scott Living by Drew & Jonathan™, the home furnishings brand created by TV hosts and renovation experts Drew and Jonathan Scott, has joined its Branding-as-a-Service (BaaS) Program. This collaboration will bring Scott Living's trusted brand into the GigaCloud B2B Marketpl ...
GigaCloud Technology Inc Welcomes Scott Living by Drew & Jonathan™, the Signature Home Brand of Drew and Jonathan Scott, to Its BaaS Program
GlobeNewswire· 2025-03-26 20:05
Core Insights - GigaCloud Technology Inc has partnered with Scott Living by Drew & Jonathan to integrate their brand into GigaCloud's Branding-as-a-Service (BaaS) Program, enhancing the B2B marketplace with trusted home furnishings [1][2] - This collaboration aims to leverage Scott Living's expertise in outdoor furniture and décor, aligning with consumer trends and creating growth opportunities for sellers and retailers [1][3] Company Overview - GigaCloud Technology Inc specializes in global end-to-end B2B ecommerce solutions for large parcel merchandise, offering a comprehensive platform that connects manufacturers, primarily in Asia, with resellers in the U.S., Asia, and Europe [4] - The GigaCloud Marketplace integrates discovery, payments, and logistics tools, facilitating cross-border transactions with efficiency [4] Partnership Details - The partnership is expected to provide Scott Living with access to a broader audience and enhance collaboration with suppliers and retail channels, ultimately delivering high-quality home products [3][5] - Scott Living's design-forward appeal is anticipated to resonate with younger, trend-conscious consumers, complementing GigaCloud's ecosystem [3][6] Product Availability - Scott Living products are widely available through various North American and online retailers, including Amazon, Wayfair, and The Home Depot, enhancing market reach [6][7]
Apexis, Inc. dba Wondersign, a GigaCloud Company, Launches Wonder App and Is Set to Rebrand as Wonder
GlobeNewswire· 2025-03-10 20:20
Core Insights - GigaCloud Technology Inc. has launched the Wonder App, a mobile-first sales acceleration platform aimed at enhancing the connection between suppliers and retail sales associates in brick-and-mortar commerce [2][3] - Ashley Furniture Industries is the first supplier to adopt the Wonder App, aiming to improve training and performance insights for retail sales associates [4] - The Wonder App provides real-time insights, educational resources, and a rewards system to boost RSA performance and engagement [5][6] Company Overview - GigaCloud Technology Inc. specializes in end-to-end B2B ecommerce solutions for large parcel merchandise, integrating various tools for manufacturers and resellers [10] - The company’s marketplace connects manufacturers, primarily in Asia, with resellers in the U.S., Asia, and Europe, facilitating efficient cross-border transactions [10] - Apexis, Inc., now rebranded as Wonder, has been a subsidiary of GigaCloud since November 2023, focusing on sales enablement for physical retailers [11] Product Features - The Wonder App includes a library of training videos, real-time performance tracking, and a points-based reward system to incentivize retail sales associates [6][7] - Gamification elements such as interactive challenges and badges are incorporated to foster a culture of continuous learning and improvement among RSAs [6][7] - The app is designed to be accessible on various devices, including iPads, tablets, and smartphones, and will be available for download on major app stores by mid-March [9] Market Context - The brick-and-mortar retail landscape is rapidly evolving, necessitating suppliers to maintain strong connections with their sales teams to remain competitive [3] - The Wonder App aims to bridge the gap between suppliers and retail sales associates, enhancing communication and training to drive better business outcomes [7][8]
GigaCloud Technology: Sifting Through The Rubble
Seeking Alpha· 2025-03-04 19:36
Group 1 - GigaCloud Technology Inc. (NASDAQ: GCT) has been purchased during its price decline, with the cost basis lowered to the high-teens [1] - The investment group service has issued a significant position update regarding GCT [1] - The strategy employed by the investment group aims to outperform the market by utilizing a blended trading and income approach [1] Group 2 - The investment group offers a money-back guarantee for their services, indicating confidence in their investment ideas [2] - The team claims to provide high-conviction investment ideas backed by a proven track record [2] - The service encourages potential clients to take action and start benefiting from their investment strategies [2]