© Reuters. GigaCloud Technology Files U.S IPO
GigaCloud Technology files U.S IPO. The company seeks to list on the NASDAQ under the ticker ‘GCT’.
GigaCloud Technology is a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise. The company’s B2B ecommerce platform integrates everything from discovery, payments and logistics tools into one easy-to-use platform.
GigaCloud Marketplace is one of the fastest growing large parcel B2B marketplaces with over $190.5 million, $414.2 million and $438.1 million of gross merchandise value, or GMV, transacted in its marketplace in 2020, 2021 and the 12 months ended March 31, 2022, respectively.