GigaCloud Technology
About: GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which is referred to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.
Employees: 1,362
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
70% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 23
64% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 33
41% more capital invested
Capital invested by funds: $174M [Q1] → $245M (+$70.9M) [Q2]
20% more funds holding
Funds holding: 105 [Q1] → 126 (+21) [Q2]
3.87% more ownership
Funds ownership: 20.6% [Q1] → 24.47% (+3.87%) [Q2]
7% more call options, than puts
Call options by funds: $61.2M | Put options by funds: $57M
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Lake Street Ryan Meyers 25% 1-year accuracy 2 / 8 met price target | 85%upside $50 | Buy Initiated | 29 Jul 2024 |
Financial journalist opinion
Based on 13 articles about GCT published over the past 30 days
