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Multinational B2B Platform Giga Cloud Logistics Secures Large Investment from World Renowned Internet Company
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CITY OF INDUSTRY, Calif., Dec. 10, 2020 /PRNewswire/ On November 24, Giga Cloud Logistics announced the completion of a new round of financing from company JD.com totaling at US $40 million. This investment from China s largest online retailer signals a promising outlook for the future developments of Giga Cloud and is set to play a paramount role in the expansion of this fast growing trading company.
Giga Cloud Logistics serves as an online B2B trading platform with complete logistics services for the furniture and large home goods market in the US and key European markets. The recently secured $40 million investment is one of many acquired by Giga Cloud Logistics, having received extensive financial backing during its early developmental stages from a variety of prominent investors including DCM, an international