Top 10 most valuable Chinese brands
- By Chen Xia
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E-mail China.org.cn, October 18, 2013
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GOME
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Company: GOME Electrical Appliances Holding Ltd.
Brand equity: 71.60 billion yuan (US$11.74 billion)
Main business: Retail
GOME Electrical Appliances Holding Ltd. (stock code: 493) is a privately owned electrical appliance retailer. In 2010, the company founder, Huang Guangyu, was jailed on charges of insider trading.
In January 2013, GOME announced the plan to quit Hong Kong's retail market and shift from retail business to bulk trade.
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