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Gome Exiting Hong Kong Retail Market By March 2013
January 30, 2013Chinese mainland electronics and home appliances retailer Gome has reportedly announced plans to withdraw from the Hong Kong retail market and all of its six stores in the marketplace will be closed by March 2013.
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China's Gome Invests CNY1 Billion In Maternity E-commerce Website
January 7, 2013Chinese electronics and home appliances retailer Gome's e-commerce website and the maternal and baby products website Qinqinbaby.com have signed a strategic cooperation agreement to jointly operate a maternal and baby products channel.
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Ganji.com, Coo8.com Join For Internet Advertising Services
November 13, 2012Chinese classified information provider Ganji.com has inked a deal with Coo8.com, the professional home appliances e-commerce site for retailer Gome, to offer targeted advertising promotions to Gome.
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Chinese Apple Fans Can Begin Reserving Their iPhone 5 At Gome
November 12, 2012Chinese consumer electronics retailer Gome has started accepting reservations for the Apple iPhone 5 at over 1,700 retail stores in China.
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Rivals Unite: Dangdang.com Opens Flagship Store On Tmall.com
November 8, 2012Chinese B2C e-commerce website Dangdang.com and Alibaba's B2C Internet shopping site Tmall.com have jointly announced that Dangdang.com has opened a flagship store on Tmall.com, selling books and daily commodities.
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Gome Unveils Eco-friendly Electronics Fund In China
June 19, 2012Chinese electronics and home appliances retailer Gome announced that in response to the Chinese government's energy-saving appliances subsidy policy, the company will launch a CNY1 billion special fund to support the implementation of this policy.
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Chinese Electronics Retail Revenue Drops
June 5, 2012Chinese electronics and home appliances retailer Gome has published its financial report for the first quarter of 2012, stating that its operating revenue decreased by 28.62% year-on-year to CNY9.762 billion during the reporting period.
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Gome's Gross Profit Up 16% In China
April 12, 2012Chinese electronics and home appliances retailer Gome has published its annual results for 2011, stating that sales in its listed company increased by 17.5% year-on-year to CNY59.821 billion, while its gross profit increased by 16% year-on-year to CNY10.859 billion.
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China's Dangdang.com, Gome Sign Exclusive E-commerce Agreement
April 11, 2012Yao Danqian, senior vice president of Dangdang.com, told local media that the website has signed an exclusive agreement with the home appliances retailer Gome for large home appliances and Dangdang.com henceforth not sell large home appliances.
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Apple Suspends iPhone 4S Sales In Retail Stores In China
January 13, 2012Friday the 13th did not play well for Apple today, as the company suspended the sale of its iPhone 4S smartphones in its Chinese retail outlets.
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China's Gome Gains More Net Profit, Cancels Real Estate Subsidiary Plans
December 1, 2011Chinese electronics and home appliances retailer Gome has published its unaudited performance results for first three quarters of 2011, stating that from January to September 2011, its total revenue increased by 18.01% year-over-year to CNY43.983 billion, while its net profit increased by 24.38% year-over-year to CNY1.791 billion.
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New Electronics Retail Stores Push Gome's Net Profit Higher In China
September 1, 2011Chinese home appliances and electronics retailer Gome has published its semi-annual results ended June 30, 2011, stating that its revenue from retail stores increased by 19.8% year-on-year to CNY29.8 billion; and its net profit increased by 30% year-on-year to CNY1.25 billion.
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Suning Makes Additional Investment In Laox
July 6, 2011Chinese home appliances and electronics retailer Suning has announced plans to buy 179 million additional shares from Laox, Suning's subsidiary in Japan, at the price of JPY35 per share.
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Gome's Electronics Retail Business Surges In China
May 31, 2011Chinese electronics and home appliances retailer Gome has published its unaudited results for the first quarter of 2011, and it is also the last quarterly report before Chen Xiao, former chairman of Gome, departed the company.
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Gome Signs Strategic Agreement With Sanyo Color TV
April 20, 2011Chinese electronics and home appliances retailer Gome has signed a five-year strategic cooperation agreement with the Japanese home appliances brand Sanyo and the two parties will implement in-depth cooperation in various areas, including information sharing, product development, marketing, sales management, and after-sales services.
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