Zhenkuaile downsizes, sacks executive vice president after failed attempt to bypass mainstream platforms to reach customers

Huang Guangyu announced Gome would launch a major expansion in his first public remarks since serving 10 years in prison for insider trading and corruption

Revenue in 2020 slumped to lowest in more than 10 years as shoppers ditched brick-and-mortar stores

Company was once a star of China’s retail landscape, but has fallen on tougher times after failing to make the transition to e-commerce

After 12 years, billionaire Huang Guangyu resumes the helm of China’s largest bricks-and-mortar electronics retailer facing a business landscape completely transformed by e-commerce

E-commerce giants jockey for access to veteran electronics chain’s top home appliance brands

Pinduoduo's $200 million investment in Gome heats up competition with Taobao and JD.com