The world's leading B2B platform for bulky goods $GigaCloud Technology (GCT.US)$The terms of the IPO were announced recently. It will be listed on NASDAQ on August 19, EST, under the stock code “GCT”. The company plans to issue 2.45 million Class A common shares. The offering price range is US$10.25-12.25 per share, and the maximum capital raised is US$30.125 million.
Dajian Cloud Warehouse is committed to digitally transforming the traditional large foreign trade model to provide users with full-process services from supply chain docking, cross-border transactions, overseas warehousing and logistics, after-sales delivery, etc., to build a “global home furnishing distribution backbone network”. The self-developed GigaCloud platform is the world's leading cross-border B2B platform for large products.
Business Overview
Dajian Cloud Warehouse provides a digital service system for cross-border transactions and delivery of bulky goods, simplifying the previously complicated trading and delivery procedures for bulky goods, and improving the circulation efficiency of bulky goods. The company's main value services include: massive overseas stock supply, global sales channel expansion, overseas warehousing and logistics delivery, and digital management of the entire process.
The B2B platform independently developed by Dajian Yuncang has built a digital bridge between Asian suppliers and overseas retailers to improve channel connectivity issues. The Dajian Cloud Warehouse platform covers 30 categories of products, mainly furniture, major appliances, indoor fitness equipment, outdoor sports equipment, garden equipment, building materials, bathroom, auto parts, etc.
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