Gome was once China’s leading electronics retailer. Photo: Shutterstock Images
Gome was once China’s leading electronics retailer. Photo: Shutterstock Images
GOME

Gome suppliers seek liquidation of struggling Chinese electronics retailer’s subsidiary over outstanding dues

  • Gome Retail Holdings said bankruptcy petitions had been filed recently against its subsidiary Gome Appliances in the Beijing No 1 Intermediate People’s Court
  • While the plaintiffs are seeking 4.7 million yuan (US$675,219) in outstanding dues, Gome says it is not contractually obliged to pay the amount

Gome was once China’s leading electronics retailer. Photo: Shutterstock Images
Gome was once China’s leading electronics retailer. Photo: Shutterstock Images
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