Purple Innovation Inc. and Homestyles by Flexsteel Industries Inc. Expand GigaCloud’s Growing Supplier Network
EL MONTE, Calif., Feb. 11, 2025 — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a leading provider of global end-to-end B2B e-commerce solutions for large-parcel goods, today announced several new suppliers joining its GigaCloud Marketplace, strengthening its position as a premier global B2B wholesale platform.
New additions to the GigaCloud Marketplace include Purple Innovation Inc. (Nasdaq: PRPL), Homestyles, a Flexsteel Industries Inc. (Nasdaq: FLXS) brand, Corsicana Mattress Company, Restonic, Walker Edison, GhostBed, Simpli Home, and others. These new third-party sellers offer a wide array of home furnishings, such as living room, bedroom, and dining room furniture, as well as home office solutions. Many are recognized for their superior design, quality, and diverse styles, catering to various tastes.
“This latest group of suppliers underscores the value and trust our platform offers the evolving B2B market, reflecting GigaCloud’s commitment to growth and product diversification,” stated Larry Wu, GigaCloud’s Founder, Chairman, and CEO. “By welcoming these respected suppliers, we continue to enhance our market leadership in large-parcel B2B e-commerce—providing suppliers with broader market access, offering resellers a wider selection of trusted products, and facilitating efficient global wholesale trade for businesses of all sizes.”
“Our partnership with GigaCloud presents exciting opportunities for Purple to expand our market reach,” said Mason Stephens, Vice President, Head of Wholesale at Purple Innovation Inc. “GigaCloud’s robust marketplace offers an effective way to connect with a larger reseller network, helping us fuel growth and bring Purple’s innovative comfort solutions to more businesses and their customers. We anticipate a successful and collaborative future with GigaCloud.”
“We’re thrilled to partner with GigaCloud to bring our Homestyles brand to an innovative digital marketplace,” said Andrew Surdyka, VP of Strategic Accounts at Flexsteel Industries Inc. “This collaboration provides a significant opportunity to enhance our digital presence and reach new customers while upholding Flexsteel Industries’ high standards of quality and service.”
About GigaCloud Technology Inc
GigaCloud Technology Inc. is a leader in global end-to-end B2B e-commerce technology solutions for large-parcel merchandise. The Company’s B2B e-commerce platform, the “GigaCloud Marketplace,” integrates features such as product discovery, payments, and logistics into a single user-friendly platform. This global marketplace efficiently connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia, and Europe, enabling seamless and secure cross-border transactions. GigaCloud provides a complete solution that handles product transportation from the manufacturer’s warehouse to the end customer’s doorstep, all at a fixed price. Launched in January 2019, initially focusing on the global furniture market, the Company has since expanded into categories like home appliances and fitness equipment. For more information, please visit the Company’s website: .
Forward-Looking Statements
This press release includes “forward-looking statements.” Forward-looking statements represent our current perspective on future events. These statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may impact its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue,” or similar expressions. The Company is not obligated to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as legally required. While the Company believes the expectations in these forward-looking statements are reasonable, it cannot guarantee their accuracy, and investors are cautioned that actual results may differ significantly from anticipated results. Investors are encouraged to review other factors that may affect future results in the Company’s registration statement and other filings with the SEC.
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