GigaCloud Technology Inc Expands Global Fulfillment Network to Support Continued Growth of Its B2B Marketplace
GigaCloud Technology Inc (GCT)
Company Research
Source: GlobeNewswire
EL MONTE, Calif., April 30, 2024 (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 global fulfillment network has surpassed 10 million square feet of total space following the signing of a new lease in Ontario, California. This expansion strengthens GigaCloud's ability to support the continued growth of its B2B marketplace and deliver enhanced fulfillment support to its B2B marketplace participants. The new Ontario fulfillment center, spanning approximately 562,100 square feet, is set to commence operations in July 2024. With this latest addition, GigaCloud’s global fulfillment network, comprising strategically positioned fulfillment centers and other facilities designed for efficient inventory management and order fulfillment, expands to 42 locations with over 10.5 million square feet — an increase of 169% from approximately 3.9 million
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GCT
Earnings
- 5/9/24 - Beat
GCT
Sec Filings
- 5/15/24 - Form 144
- 5/15/24 - Form 144
- 5/14/24 - Form 4
- GCT's page on the SEC website