GigaCloud Technology Expands B2B Marketplace for Global Trade
GigaCloud Technology Expands B2B Marketplace for Global Trade GigaCloud Technology Inc, a company specializing in B2B ecommerce technology, is advancing its role in global wholesale trade. The company has announced several strategic moves aimed at enhancing its market leadership and fostering growth and innovation in the B2B ecommerce sector.
GigaCloud Technology Inc, a company specializing in B2B ecommerce technology, is advancing its role in global wholesale trade. The company has announced several strategic moves aimed at enhancing its market leadership and fostering growth and innovation in the B2B ecommerce sector. These initiatives include the expansion of its fulfillment network and the acquisition of New Classic Home Furnishings, which are expected to bolster its already comprehensive solutions for large parcel merchandise.
Expansion of Fulfillment Network
GigaCloud Technology is enhancing its fulfillment infrastructure by expanding its network, which currently includes 38 strategic locations across five countries. The total area of this network exceeds 11 million square feet, underscoring the scale of its operations. A new facility is set to open in New Jersey by January 2026, spanning approximately 617,000 square feet. This will be GigaCloud's largest facility in New Jersey and is designed to support the accelerating scale of its marketplace ecosystem.
The New Jersey facility is expected to play a crucial role in augmenting GigaCloud's capabilities in integrating discovery, payments, and logistics tools. By enhancing its global fulfillment infrastructure, GigaCloud aims to provide more efficient services to its marketplace participants, further solidifying its position as a pioneer in B2B ecommerce.
Marketplace Evolution and Expansion
Since its launch in January 2019, the GigaCloud Marketplace has focused primarily on the global furniture market, connecting manufacturers in Asia with U.S. resellers. Over time, the marketplace has expanded its scope to include home appliances and fitness equipment. This evolution reflects GigaCloud's strategy to provide a comprehensive solution for large parcel merchandise, supporting a wide array of products and industries.
The marketplace's integration of manufacturers and resellers is facilitated by its robust technology platform, which incorporates tools for discovery, payments, and logistics. These capabilities enable GigaCloud to streamline the process of global wholesale trade, offering end-to-end solutions that meet the needs of its clients in various sectors.
Strategic Acquisition of New Classic Home Furnishings
In a move to strengthen its B2B technology solutions, GigaCloud Technology completed the acquisition of New Classic Home Furnishings on January 2, 2026. Founded over 25 years ago in Fontana, California, New Classic serves the home furnishings market with more than 2,000 SKUs and a network of over 1,000 retailer customers.
This acquisition is expected to integrate New Classic's retailer network into the GigaCloud Marketplace, enhancing GigaCloud's large-parcel commerce strategy. By incorporating New Classic's established market presence and product offerings, GigaCloud aims to provide even greater value to its marketplace participants.
Commitment to Growth and Innovation
GigaCloud's recent initiatives reflect its commitment to growth and innovation in the B2B ecommerce sector. Through strategic expansions and acquisitions, the company is poised to enhance its offerings and expand its market reach. These efforts are aligned with GigaCloud's goal of facilitating global wholesale trade by connecting manufacturers in Asia with U.S. resellers via its integrated platform.
GigaCloud's comprehensive approach to large parcel merchandise and its focus on evolving market needs demonstrate its dedication to supporting the scale and diversity of its marketplace ecosystem.
As GigaCloud continues to build on its foundational strengths and pursue new opportunities, it remains an influential player in the B2B ecommerce landscape, driving forward the future of global trade.