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GigaCloud Technology reports more than $1 billion in revenue for 2024 - Furniture Today

Summary by Furniture Today

EL MONTE, Calif. — GigaCloud Technology, a provider of global B2B e-commerce technology solutions for large parcel merchandise, reported record financial results for the fourth quarter and full year 2024, surpassing $1 billion in total revenue for the first time as its B2B marketplace continued to expand. The company posted total revenue of $1.16 billion for 2024, marking a 65% year-over-year increase. Gross profit rose 51.2% to $285.2 million, …

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Furniture Today

GigaCloud Technology reports more than $1 billion in revenue for 2024 - Furniture Today

EL MONTE, Calif. — GigaCloud Technology, a provider of global B2B e-commerce technology solutions for large parcel merchandise, reported record financial results for the fourth quarter and full year 2024, surpassing $1 billion in total revenue for the first time as its B2B marketplace continued to expand. The company posted total revenue of $1.16 billion for 2024, marking a 65% year-over-year increase. Gross profit rose 51.2% to $285.2 million, …

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Furniture Today broke the news in 11 days ago on Monday, March 3, 2025.

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