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GOME says opens store on Amazon.com's China online marketplace

GOME says opens store on Amazon.com's China online marketplace

Postby smix » Sat Apr 23, 2016 2:10 pm

GOME says opens store on Amazon.com's China online marketplace
Reuters

URL: http://www.reuters.com/article/us-gome- ... SKCN0XJ174
Category: technologyNews
Published: Fri, 22 Apr 2016 06:47:03 -0400

Description: HONG KONG (Reuters) - China's GOME Electrical Appliances Holding Ltd has opened a store on Amazon.com Inc's online marketplace in the mainland, as China consumer-focused firms make a push towards integrating online and store-based shopping. GOME said in a statement it will be a major retailer of consumer electronics and home appliances on Amazon's mainland marketplace, Z.cn, with services initially covering Beijing, and then major first- and second-tier cities later this year. The Chinese home appliances company operates 1,800 offline stores across China. Last August, Alibaba Group said it would invest $4.6 billion in leading Chinese electronics retailer Suning Commerce Group Co Ltd, as part of the same trend of bringing together online and store-based shopping.
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