5/27/2011

Gome Electrical Appliances Holding is working to become the leading online retailer of home appliances in China within the next three years. Gome, which announced a 66% surge in first-quarter profit, said it wants to account for 15% of the online home-appliances market. Meanwhile, Suning Appliance, a Gome rival, said it plans to significantly increase its online business this year.

Related Summaries