Oriental Standard

About Oriental Standard

Oriental Standard (Beijing) Technology Co., Ltd., founded in 2006, operates as a subsidiary of GigaCloud Technology Inc. The company is a part of a global end-to-end business-to-business (B2B) e-commerce platform that specializes in large parcel merchandise like furniture, appliances, and fitness equipment.

The core of the business is the GigaCloud Marketplace, which connects manufacturers, primarily in Asia, with resellers in the United States, Europe, and other regions. This platform offers a comprehensive solution that manages the entire transaction process, from product discovery and payment to logistics and fulfillment. A key feature is the 'Supplier Fulfilled Retailing' model, where products are transported directly from the manufacturer's warehouse to the reseller's end customer, which reduces inventory risk and improves supply chain efficiency. The company has a significant logistics network, including numerous fulfillment centers, primarily in the U.S., U.K., Germany, Canada, and Japan.

GigaCloud Technology Inc. is a publicly traded company on the NASDAQ (GCT). The company was founded by Larry Lei Wu, who serves as the Chairman and CEO. The business generates revenue through various services on its platform, including commissions, ocean transportation, and warehousing services. The platform has seen substantial growth, with a gross merchandise value (GMV) of $1.42 billion for the 12 months ending March 31, 2025, and serves thousands of active buyers and sellers.