GigaCloud Technology Inc.'s subsidiary has expanded its global fulfillment network by leasing a new facility in Werne, Germany. This strategic expansion is designed to enhance the company's fulfillment capabilities to support its accelerating growth in Europe. The new Werne facility, which spans approximately 409,300 square feet, began operations recently and marks the sixth fulfillment center in Germany for GigaCloud. These centers serve as key hubs for both domestic and cross-border distribution across Europe. The company's global network now includes 39 facilities worldwide, totaling over 11.2 million square feet, with locations in the United States, United Kingdom, Germany, Canada, and Japan. Garbe Industrial, a leader in logistics and commercial real estate in Germany, supports GigaCloud's presence in the region.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.