Gome, a leading home appliances & electronics retailer in China, announced in Nov 2016 that, by Sep 30, 2016, its profit for first nine months is expected to shrink year-on-year, but profit for the third quarter is expected to significantly exceed profit for the second. For the first three quarters of 2016, Gome’s sales revenue registers 55.39 billion Yuan, a year-on-year increase of 15.0%, and its overall Gross Merchandise Volume (GMV) increases 25% year-on-year to 78.5 billion Yuan. It’s worth mentioning that, Gome’s online store contributes 21.6 billion Yuan to its overall GMV, a year-on-year increase of 177%, accounting for 66% of its overall GMV.