First-Half Loss Widens By 50% To $430 Mln At Former China Rich List No. 1’s Gome

China’s once thriving Gome Retail has been hurt by Covid fallout and tough competition. … [+] Photographer: Kevin Lee/Bloomberg © 2009 Bloomberg Finance LP Red ink at Gome Retail, controll...

Former China Rich List No. 1’s Gome Retail Posts Another Big Loss

Wong Kwong Yu in poses in front of a Gome store in 2006, a year he ranked No. 1 on the Forbes China … [+] Rich List. (Photo by Chien-min Chung/Getty Images) Getty Images Then-billionaire Beijing...