Expansion plans
HOME > PAST ISSUE > REPORTS [Premium content]May 2007
Gome looks to grow from the bottom up
Since Gome acquired China Paradise in 2006, it has moved quickly to consolidate its position as the strongest electronics retailer in China.
In an effort to deal with new competition from global retailers such as Wal-Mart and Best Buy, which opened in Shanghai in January, Gome announced in March that plans to sell a stake in its Hong Kong-listed electronics retailing unit.
The company is also integrating China Paradise - the nation's third-largest electronics retailer, bought ...
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