GigaCloud Technology Inc. shares traded at $37.10 on November 28th, with trailing and forward P/E ratios of 11.21 and 10.60 respectively according to Yahoo Finance. The company operates a B2B platform connecting manufacturers in Asia with resellers worldwide, focusing on large-parcel merchandise like furniture, home appliances, and fitness equipment.

GigaCloud Technology Inc. has expanded since its 2019 launch, with a workforce and product sourcing primarily in China. Q3 results showed 10% year-over-year sales growth, a major EPS beat, and strategic acquisitions to enhance supply chains and digital capabilities. The company’s European expansion includes a new fulfillment center in Germany.

The company’s Wonder App, adopted by Ashley Furniture Industries, strengthens supplier-retailer connections. GCT also authorized a $111 million share repurchase program to enhance shareholder value. While insider selling and auditor scrutiny present minor risks, GCT’s growth strategy, technological innovations, and attractive P/E ratio position it for continued market share gains in global B2B and digital commerce.

GigaCloud Technology Inc. has seen a 169.42% stock appreciation since April 2025, driven by its B2B Marketplace, diversified revenue streams, and strong balance sheet. The bullish thesis on GCT by MilkshakeBoy78 emphasizes Q3 results, European expansion, and the Wonder App as catalysts for ongoing growth and value creation in the global B2B and digital commerce market.

Read more at Yahoo Finance: GigaCloud Technology Inc. (GCT): A Bull Case Theory