GigaCloud announces acquisition of Wondersign

GigaCloud Technology announced that it has completed the acquisition of a 100% equity interest of Apexis, a Florida corporation dba Wondersign, for a total cash consideration of $10M, subject to customary purchase price adjustments. Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company headquartered in Tampa, Florida with access to thousands of storefronts across the United States through its customers. “We are thrilled to announce this acquisition of Wondersign, which brings together our technology-driven GigaCloud Marketplace with the expertise and extensive network of Wondersign, further accelerating our reach to brick-and-mortar retail stores. One of the key strategic advantages of this acquisition is the ability for us to launch an exciting new solution, the GIGA IQ package, our new innovative solution package which is expected to enhance the transaction experience for both users on our GigaCloud Marketplace and traditional retail customers from brick-and-mortar stores,” said Larry Wu, Founder, Chairman, and Chief Executive Officer of GigaCloud.