IPO Review GCT Stock GigaCloud Technology Inc, Analysis, Initial Public Offering, Moomoo Trade

 

👉Try Moomoo- Use My link and get 6 free stocks (deposit any amount) or 10 free stocks (deposit $2,000) to start trading! https://j.moomoo.com/00ikc9 *** For Australian citizens use this link: https://j.moomoo.com/00kYfG We are a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise. (Incorporated in the Cayman Islands) Our B2B ecommerce platform, which we refer to as the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. Our 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. We first launched our marketplace in January 2019 by focusing on the global furniture market and have since expanded into additional categories such as home appliances and fitness equipment. GigaCloud Marketplace is one of the fastest -growing large-parcel B2B marketplaces with over $438.1 million in gross merchandise value (GMV) transacted in our marketplace in the 12 months ended March 31, 2022, up from $414.2 million in GMV transacted in our marketplace in the full year of 2021 and up from $190.5 million in GMV transacted in our marketplace in the full year of 2020. **Note: Revenue and net income figures are in U.S. dollars for the full year ended Dec. 31, 2021, according to the prospectus. (See revenues and net income in the chart that is part of this IPO Profile.) We built the GigaCloud Marketplace to democratize access and distribution globally so that manufacturers, who are typically sellers in our marketplace, and online resellers, who are typically buyers in our marketplace, could transact without borders. Manufacturers view our marketplace as an essential sales channel to thousands of online resellers in the U.S. and Europe. Our GigaCloud Marketplace enables manufacturers to deliver their products around the world. Additionally, online resellers may lack the resources and infrastructure to manage a global supply chain and support international distribution. Our integrated ecommerce solutions allow online resellers to offer products and services comparable to those offered by large ecommerce platforms by giving them access to a large and growing catalog of products at wholesale prices, supported by industry-leading global fulfillment capabilities. 😊👉Support My Work https://www.patreon.com/bullmarketwatch Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS. Let me know in the comments if there is anything I can improve on moving forward. Thanks for Watching! #ipomarketwatch #moomoo #moomootrading ⚫FACEBOOK https://facebook.com/groups/659635791621800/ ⚫TWITTER https://twitter.com/watch_ipo 🔥 Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence. Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.