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GigaCloud Technology Inc Wins Two Gold Stevies at the 2025 American Business Awards
GCTGigaCloud(GCT) GlobeNewswire·2025-05-06 20:05

Core Insights - GigaCloud Technology Inc. received two Gold Stevie Awards in 2025 for "Fastest Growing Company of the Year" and "Achievement in Growth" at the American Business Awards, marking the third consecutive year of recognition in multiple categories [1][2][3] Company Performance - The company has shown significant growth momentum, having previously won a Silver Stevie Award in 2024 and a Bronze Stevie Award in 2023, indicating a consistent track record of industry recognition [2] - GigaCloud's revenue has reached $1 billion annually, with a global fulfillment footprint exceeding 10 million square feet, showcasing its rapid ascent in the B2B ecommerce sector [3] Business Model and Strategy - The company's B2B Marketplace integrates various services, including discovery, payments, and logistics, facilitating efficient cross-border transactions primarily between manufacturers in Asia and resellers in the U.S., Asia, and Europe [5] - GigaCloud's "Branding-as-a-Service" initiative is highlighted as a forward-thinking strategy that supports scalable growth and innovation in the large-parcel supply chain [3]