A man walks past a Gome store in Shanghai, China on August 26, 2013. Photo: Reuters
A man walks past a Gome store in Shanghai, China on August 26, 2013. Photo: Reuters
E-commerce

China’s former richest man, Huang Guangyu, vows comeback by next year after release from prison

  • Huang Guangyu, founder of Gome, completed his parole this week after 12 years behind bars
  • The former retail mogul saw his empire of bricks-and-mortar stores struggle as more consumers turned to e-commerce

A man walks past a Gome store in Shanghai, China on August 26, 2013. Photo: Reuters
A man walks past a Gome store in Shanghai, China on August 26, 2013. Photo: Reuters
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