Huang Xiuhong, the chairman of Beijing-based electronics retailer GOME Holdings, said recently that until the end of December, the company will only provide social security to its employees, and it will not pay wages.
Beijing-based electronics retailer GOME Retail Holdings Limited and telecommunications giant Huawei on Tuesday reached a new strategic cooperation agreement.
Chinese tech giant Huawei and retail platform GOME Holdings are in talks to cooperate on digital retail upgrades. Both parties are very likely to build a digital operation system centered on the consumer experience.
According to Chinese enterprise data platform Tianyancha, GOME Sharing Economy (Tianjin) Co., Ltd. was established recently with a registered capital of 100 million yuan ($16 million).
GOME Retail on Monday released its unaudited interim results for the six-month period ended Jun. 30, 2020, showing its parent company experienced a loss of 2.623 billion yuan for the period.
On Aug. 3, Pinduoduo’s official live studio "Limited Time Flash Sale" entered Hong Kong-listed electrical appliance retailer GOME’s largest flagship store in Shanghai.