# Furniture Industry
Latest news and articles about Furniture Industry
Total: 2 articles found
Business
A Gambler’s Second Act: The Disgraced Founder of Gionee Rebuilds in Indonesia
After vanishing in 2018 following a billion-yuan gambling scandal and the collapse of Gionee, founder Liu Lirong has resurfaced in Indonesia. He is currently heading Starlead, a furniture brand supported by a network of former Gionee executives and Chinese supply chains.
SoBiz2026年4月17日 05:28
#Liu Lirong#Gionee#Indonesia
Business
Crumbling Luxury: The Desperate Pivot of China’s 'First High-End Furniture' Stock
Markor Home, formerly China's leading high-end furniture retailer, is facing a severe liquidity crisis with projected losses of 1.8 billion RMB and total asset freezes for its parent company. The firm has resorted to paying employees with furniture as it attempts a radical and risky strategic pivot into the AI computing power sector.
NeMo2026年3月24日 16:08
#Markor Home#China Real Estate#Liquidity Crisis