Property News · December 30, 2022

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


Bankruptcy petitions have been filed against Gome Appliances in a Beijing court over unpaid dues of 4.7 million yuan (US$675,219), but the electronics retailer says it is not contractually obliged to pay the amount.

Source : South China Morning Post
Read more…Gome suppliers seek liquidation of struggling Chinese electronics retailer’s subsidiary over outstanding dues