GigaCloud Technology Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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Item 2. Properties
Our principal executive office and global headquarters is located in El Monte, California, United States, where we currently occupy approximately 572,240 square feet of office and warehouse space pursuant to a renewable lease with a remaining six years lease term.
We have corporate offices and fulfillment centers globally. Our corporate office for our China headquarters in Suzhou, China, where we currently occupy approximately 122,228 square feet of office space pursuant to a lease with a remaining four years lease term, which can be renewed prior to termination. As of December 31, 2024, we also leased 35 fulfillment centers in the U.S., Japan, the U.K., Germany and Canada, totaling over 10 million square feet.
We believe that our facilities are sufficient to meet our current needs. We intend to add new facilities or expand our existing facilities as we add employees and expand our operations. We believe that additional space that is suitable for our needs will be available as needed to accommodate any such expansion of our operations.
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