GigaCloud Technology Honored with Two Gold Stevie Awards for Rapid Growth, Innovation

GigaCloud Technology Inc. (NASDAQ:GCT) is one of the cheap new stocks to buy according to analysts. Earlier on May 6, GigaCloud Technology announced that it won two Gold Stevie Awards at the 23rd annual American Business Awards. The company was honored in the categories of ‘Fastest Growing Company of the Year’ (for companies with up to 2,500 employees) and ‘Achievement in Growth.’

This marks the third consecutive year GigaCloud has received recognition at the American Business Awards. In 2024, the company earned a Silver Stevie Award for ‘Achievement in Growth,’ and in 2023, a Bronze Stevie Award for ‘Fastest Growing Company of the Year.’ The latter acknowledges GigaCloud’s pace in revenue and operational expansion, while ‘Achievement in Growth’ highlights the initiatives behind the company’s sustainable and innovation-led growth.

GigaCloud Technology Honored with Two Gold Stevie Awards for Rapid Growth, Innovation

A mid-sized warehouse filled with furniture and home appliances.

The American Business Awards, recognized as the nation’s premier business honors program, received over 3,600 nominations this year. A panel of more than 250 professionals worldwide selected the winners. Judges lauded GigaCloud Technology for its rapid ascent in B2B e-commerce, while citing key achievements such as $1 billion in annual revenue, a global fulfillment footprint exceeding 10 million square feet, and the company’s forward-thinking Branding-as-a-Service initiative.

GigaCloud Technology Inc. (NASDAQ:GCT) provides end-to-end B2B ecommerce solutions for large parcel merchandise in the US and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.