Gome Archives - Inside Retail Asia
An advertising blitz and grassroots patriotism have proven to be a potent mix for smartphone maker Huawei at home.
Carrefour has denied business media reports it is considering selling all or some of its Chinese retail business.
Another Gome profit warning has been issued as the company’s massive restructuring program continues.
Gome outlets are set to be opened inside Carrefour hypermarkets across China.
Gome Retail’s loss surged tenfold last year to US$728 million, compared with RMB450 million in the previous year.
Gome Retail has plunged US$64million into the red as its restructuring program takes its toll.
Gome Retail Holdings has posted a loss attributable to shareholders of RMB457 million for the first half of this year.
Chinese electronics retailer Gome is to expand into India.
Alibaba and JD may appear to dominate China’s e-commerce market, but new research suggests new players are increasing their influence.
Electrical appliance retailer Gome Retail has issued a profit warning despite a strong year.
Both online and offline business grew strongly for Gome Retail Holdings for the nine months to the end of September.
E-commerce growth has boosted Gome Electrical sales for its latest quarter.