Business
GigaCloud Technology Inc’s Founder, Chairman, and CEO Larry Wu Named Entrepreneur Of The Year® 2024 Greater Los Angeles Award Winner
EL MONTE, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B
About this update from Gigacloud Technology Inc
[{"type":"text","content":"EL MONTE, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that its Founder, Chairman, and Chief Executive Officer, Larry Wu, has been named an Entrepreneur Of The Year® 2024 Greater Los Angeles Award winner by Ernst & Young LLP (“EY US”). Now in its 38th year, Entrepreneur Of The Year is a distinguished competitive awards program for entrepreneurs and leaders of high-growth companies. Mr. Wu was selected by an independent judging panel made up of previous award winners, leading CEOs, and other business leaders. Candidates were evaluated based on their ability to create long-term value through entrepreneurial spirit, commitment to their purpose, and the demonstration of growth and substantial impact, among other key indicators. “Winning the Entrepreneur Of The Year 2024 Greater Los Angeles Award is a tremendous honor,” said Mr. Wu. “This recognition is a tribute to the incredible team at GigaCloud, whose unwavering dedication and growth spirit have propelled us to create and optimize a more sustainable and efficient global wholesale supply chain, empowering buyers and sellers of large parcel items to be more successful.” Headquartered in El Monte, California, GigaCloud is reinventing the global wholesale supply chain solution for large parcel merchandise. With the Supplier Fulfilled Retailing model that streamlines every step of the supply chain journey, suppliers and resellers from around the world use the GigaCloud Marketplace in real time to source, sell, and fulfill big and bulky products more efficiently. Prior award winners from the Greater Los Angeles include Yvon Chouinard of Patagonia, Brandon Beck and Marc Merrill of RIOT Games, and John Shields of Trader Joe’s Company. As a Greater Los Angeles award winner, Mr. Wu is now eligible for the Entrepreneur Of The Year 2024 National Awards, presented in November at the Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. Entrepreneur Of The Year recognizes many different types of business leaders for their ingenuity, courage, and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who rais...