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Gome Huang Guangyu: do not dare monopoly - Gome, Gome Huang Guangyu - HC Network Appliance Industry by wqecv thbtn





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Gome Huang Guangyu: do not dare monopoly - Gome, Gome Huang Guangyu - HC Network Appliance Industry by
Article Posted: 04/11/2011
Article Views: 114
Articles Written: 1385
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Gome Huang Guangyu: do not dare monopoly - Gome, Gome Huang Guangyu - HC Network Appliance Industry


 
Business,Business News,Business Opportunities
For various retailers, the "big" is that they can not give up the complex, because only the bigger size, and it be possible to reduce business operating costs, improve the overall efficiency. In order to achieve this scale, besides accelerating the pace of new store openings, and a more efficient way?? Acquisitions.

States U.S. M & A expansion as early as 2005 began. For example, the April 2005 acquisition of Heilongjiang "Black Swan", in August acquisition of Shenzhen "easy good home", in November acquisition of Hubei "in business"

Home Appliances , December acquisition of Jiangsu, the "Golden Sun"; in 2006 the third largest home appliance retailer Shanghai Yongle of mergers and acquisitions, it is most concerned about is the industry's largest merger. These acquisitions accelerate the resource more quickly focus on the country the United States, according to the research data shows that the original national home appliance retailers Gome in market share of about 9% after the acquisition of Shanghai Yongle, its market share rose to 14%. This also raises whether the U.S. State monopoly arguments.

The early acquisitions before the Shanghai Yongle, for many manufacturers, consumers worried about the psychological state U.S. Diantaiqike, Huang Guangyu been conducted with the explanation:

As Gome, the market's expansion plans have been, because now the consumer electronics market in a disorderly state of competition, market integration, we have always had that desire, which is part of our business expansion.

For Suning Ye Hao, large and medium Ye Hao, the next step of the program depends on the developments, and not a fixed target or have a clear direction, we are willing to actively strive for.

Then the market will not appear such a monopoly situation? I think it is not. First, a few even together, the market share accounts for only about 20%. Second, we do not want this situation, we believe that the market is more important is to improve the quality of their business. Few days ago I said, to keep business healthy competition is a necessary means, including the cooperation that we and Yongle. Assuming the merger is successful, we will become a dual-brand competition between the two brands and will not create monopoly. Because the "monopoly" of the enterprise, may be at greater risk. It should be said, neither situation exists, it will not happen. Therefore, we need not worry about this point.

2007 12 16, States United States M & A boom set off once again, announced that 3.6 billion acquisition of Beijing Dazhong Electronics indirect price, resulting in home appliance chain industry concentration increased again, home appliance chain industry is also strong from the original five big companies ?? Gome, Suning, Yongle, Dazhong, five-star pattern, into today's remaining two GOME and Suning pattern. The medium and large electrical appliances in Beijing, Tianjin, Hebei, Shandong total of 81 stores in the United States all classified state "territory." Thus, the country of beauty to nearly 1,100 stores, only in Beijing, Gome had 110 stores. The domestic home appliance chain Suning second in the number of the current store to around 600. States United States would once again rise to the "monopoly" or not arguments.

Many manufacturers and consumers that the country after the US-sized acquisitions, bargaining power will be higher, which dominate the market, raise prices. Huang Guangyu had to make a return to these speculations again, he said:

Pressure aimlessly not doing business, raise prices. If we ask for greater profits to the manufacturers, it could find other buyers. So the new country the United States started a new business to create a harmonious relationship, relying on economies of scale to help manufacturers reduce costs, get more opportunities. If anything, the pressure, that is our after-sales service, product quality, giving them more pressure, which is to meet the needs of consumers, we want manufacturers to form a community of interests.

Market share if calculated according to the National US-M Yongle, Dazhong, the most important region in China retail market?? Shanghai and Beijing, its market share has more than 50%, obviously constitute a monopoly. According to China by the end of August 2007 issued by the "Antimonopoly Law", an operator's market share in the relevant market to reach 1 / 2, can be presumed to have a dominant market position.

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