Gigacloud Technology Inc Completes Acquisition Of Noble House
11/01/23, 11:18 AM
Location
Industry
marketplace
e commerce
GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it has completed the previously announced asset acquisition of Noble House Home Furnishings LLC (“Noble House”), a leading B2B distributor of indoor and outdoor home furnishings, for approximately $85 million, subject to customary purchase price adjustments. The acquisition is funded entirely with cash on hand.
Company Info
Location
City Of Industry, California, United States
Company info
GigaCloud Technology is a leading B2B marketplace provider, striving to empower the future of global e-commerce landscape.
With a meticulously developed and comprehensive B2B platform coupled with decades of industry experience, GigaCloud delivers success to large parcel & e-commerce players throughout the world.