BRIEF: Gome warns of wider losses amid debt problems
Electronics retailer Gome Retail Holdings Ltd. (0493.HK) warned last Friday that it would report a loss for 2024 that was flat to as much as 20% wider compared to its…
FAST NEWS: Gome Gets HK$200 Million Loan From Founder
The Latest: Struggling electronics retailer Gome Retail Holdings Ltd. (0493.HK) said on Wednesday it has signed an agreement to borrow HK$200 million ($26 million) from a company owned by Gome…
Former Retail Star Gome Hobbled by Declining Revenue, Heavy Debt
The household appliance seller warned its revenue fell as much as 60% year-on-year in the first three quarters, and added some of its loans are overdue Key Takeaways: Gome’s revenues…
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