Old Friends Battle for Control of GOME – China Business
online.wsj.com — The founder of giant Chinese retailer GOME Electrical Appliances Holdings Ltd. is waging a boardroom battle-- while in detention after a bribery conviction--to unseat an old friend who is now chairman.
The giant Chinese retailer said on Monday shareholders will vote on a resolution by founder Huang Guangyu, who is waging a campaign to unseat the company's chairman, Chen Xiao, who steered the company through a crisis after Mr. Huang was arrested by police early last year. Mr. Huang, once China's richest man, wants to install one of his sisters as chairman.














Slightly off-topic:
Does anyone here go to GOME? If so, what do you buy there and why?
I've bought one of those large water filters that fit on top of the the ever-so-common water (heaters) coolers we all have in our homes. I also got a rice-cooker and a humidifier. I guess the reason I went there is because it was a one-stop-shop for home appliances and not a place where I felt like I'd have to bargain lest I get robbed blind.
Wouldn't the same stuff stuff be cheaper in the supermarkets like Carrefour, Auchuan, etc?
I'm curious, cause I never bought anything there (they didn't have what I needed) and the stores are huges, good locations, but EMPTY, most of the time or is this just a Chengdu thing?
Must be a Chengdu thing. I compared the price of the humidifier at Trustmart and Tesco to the one at GOME. It was half the price of the one at Tesco and almost ONE THIRD the price as a similar one at Trustmart. I could have gotten a rice cooker dirt cheap (I paid about 300kuai for mine), but mine also makes cake and has several other settings for various things. Supposedly it makes bread, too... but haven't tried that yet.
And the GOME here in Dalian KaiFaQu is usually rather busy - not so busy that you can't walk around, but I've never been in there when it's been deserted.
So yes must be a Chengdu thing.