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Gigacloud Technology Inc. (Hong Kong SAR, China)

Main Activities: Electronic Shopping and Mail-Order Houses
Full name: Gigacloud Technology Inc. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company principally engaged in large parcel merchandise sales and the provision of ecommerce solutions for small cross-border business owners utilizing the Company's online platform (“GigaCloud Marketplace”) and warehouses primarily in the United States and Europe.
The Company is a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise. Its B2B ecommerce platform, which it refer to as the “GigaCloud Marketplace,” integrates everything from product discovery to payments to logistics tools into one easy-to-use platform. Its 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. We offer a true comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.
HISTORY
2006 The Company incorporated Oriental Standard Human Resources Holdings Limited, holding company, as a limited liability company in the Cayman Islands on August 29, 2006.
2010 The Company began ecommerce business in Japan in 2010 through it wholly-owned subsidiary, Oriental Standard Japan Co., Ltd.
2013 The Company expanded to the U.K. in 2013 through it consolidated VIE, B.T.M TRAVEL AND TRADING LTD, and further expanded to the U.S. through it acquisition of COMPTREE INC. in 2014.
2019 In January 2019, the Company launched ecommerce platform, GigaCloud Marketplace, through it Hong Kong Subsidiary, GigaCloud Technology (HongKong) Limited (formerly known as Giga Cloud Logistics (Hong Kong) Limited). As it marketplace and ecommerce business continue to grow, the Company believe it is important to have a name for holding company that is more representative of businesses.
2021 Effective February 28, 2021, it holding company's name is changed from Oriental Standard Human Resources Holdings Limited to GigaCloud Technology Inc.
2022 The Company s Class A ordinary shares have been listed on the Nasdaq Capital Market since August 18, 2022 and traded under the symbol “GCT.”

Headquarters
Unit A, 12/F, Shun Ho Tower, 24-30 Ice House Street
Hong Kong; Hong Kong;

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Website: http://www.gigacloudtech.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chairman
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President
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Chief Financial Officer
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Chief Operating Officer
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Chief Technology Officer
Ownership Details
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Subsidiaries
Comptree International (United Kingdom)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
88.47%
Total operating revenue
88.47%
Operating profit (EBIT)
42.16%
EBITDA
47.7%
Net Profit (Loss) for the Period
62.04%
Total assets
102.6%
Total equity
57.51%
Operating Profit Margin (ROS)
-3.93%
Net Profit Margin
-1.79%
Return on Equity (ROE)
0.66%
Debt to Equity Ratio
0.13%
Quick Ratio
-0.45%
Cash Ratio
-0.64%

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