GigaCloud Technology Inc Wins Stevie® Award for Achievement in Growth
June 11 2024 - 8:30AM
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 its recognition as a
Silver Stevie® Award winner in the “Achievement in Growth” category
of the 2024 American Business Awards®.
This accomplishment marks the second straight year the Company
has been honored with a Stevie® Award, underscoring its commitment
to growth and innovation. Last year, GigaCloud received a Bronze
Stevie® Award in the category of “Fastest Growing Company of the
Year.” Other recipients of the Stevie® Awards include IBM, Samsung
Electronics America, and Fidelity Investments.
“We are thrilled to be a Stevie® Award winner two years in a row
for our robust growth trajectory,” said Larry Wu, Founder, Chairman
and Chief Executive Officer of GigaCloud. “The award is a testament
to our team’s dedication and innovation, as we continue to
experience record growth across financial and operational metrics.
More importantly, this success is indicative of our unique
end-to-end solutions, providing a more sustainable and impactful
global wholesale supply chain for big and bulky items.”
The American Business Awards® are the premier business awards
program of the Stevie® Awards, recognizing outstanding performances
in the workplace worldwide. The awards receive over 12,000 entries
each year from organizations in more than 70 nations. GigaCloud was
selected as a Silver Stevie® Award winner by a panel of more than
300 professionals worldwide in the three-month judging process.
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/.
About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific
Stevie Awards, the German Stevie Awards, the Middle East &
North Africa Stevie Awards, The American Business Awards®, The
International Business Awards®, the Stevie Awards for Great
Employers, the Stevie Awards for Women in Business, the Stevie
Awards for Sales & Customer Service, and the new Stevie Awards
for Technology Excellence. Stevie Awards competitions receive more
than 12,000 entries annually from organizations in more than 70
nations. Honoring organizations of all types and sizes and the
people behind them, the Stevies recognize outstanding performances
in the workplace worldwide. Learn more about the Stevie Awards
at http://www.StevieAwards.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: ir@gigacloudtech.com
PondelWilkinson, Inc.
Laurie Berman (Investors) – lberman@pondel.com
George Medici (Media) – gmedici@pondel.com
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