Gionee declares bankruptcy, enters liquidation

19 December 2018
The company owes billions of dollars hundreds of creditors - banks, suppliers and ad agencies. 

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  • Anonymouse
  • Raw
  • 23 Dec 2018

Blame the Casino? Blame also the Network Marketing pyramid schemers!

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    • Alien
    • 3RM
    • 21 Dec 2018

    Meh who cares? I'm actually a bit glad. Junk brand with junk quality products.
    I never used one and I never planned to anyway.

    Good Riddance!

      Anonymous, 21 Dec 2018Oh. Did I forgot the smiley? I assumed that sarcasm is univ... moreSome cases people are talking serious and ask it for real. so I assumed that's the case. not everyone has to be as salty as you.

        • ?
        • Anonymous
        • xhm
        • 21 Dec 2018

        Maybe this is the fate of Gionee as does other company has collapsed. We know, in the selling department Gionee is not as good as other chinese brands such as Huawei and Xiaomi which is so far in past couple of years the two companies have shown a good and solid performance. Whenever there is a quality and competitive price there will be market share. Perhaps Gionee has to be merged with Huawei, Xiaomi, Oppo or Vivo to make a giant chinese tech company.

          • ?
          • Anonymous
          • 3EJ
          • 21 Dec 2018

          Kiyasuriin, 19 Dec 2018Gionee. a chinese smartphone company.Oh. Did I forgot the smiley? I assumed that sarcasm is universal, sorry, my bad.

            • L
            • Luxor
            • KZK
            • 20 Dec 2018

            zamroni1, 20 Dec 2018It's sad that Google play edition program ended. if Google'... moreNot sure where android is going. Rumor saying android 10 is going to birth Fuschia OS.

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              • Luxor
              • KZK
              • 20 Dec 2018

              One idiot: Create Gionee. Haven't paid supplier or ad agencies.

              One day: Spent $1Billion at casino. Company in debts. Bankcruptcy....-END-

              Sound like a good lesson. Go make your own smartphone. Goodluck idiots. ;p

                • ?
                • Anonymous
                • Lh%
                • 20 Dec 2018

                Wow! Sounds like large scale mismanagement and fraud. It seems like the guy was siphoning money from the company and fluttering it away on a bad addiction, ie gambling and when the fun stopped, he couldn't.
                They all say that when they get caught.

                  Anonymous, 20 Dec 2018Pixel 3 is Google designed and Foxconn manufactured. Google... moreWell, that proves my point even more. Google, not HTC, have terrible design tastes

                    It's sad that Google play edition program ended. if Google's real objective of pixel is giving user option of pure Google's android experience, the play edition is more cost efficient. I am sure they don't get enough profit from those few pixel sales.

                    Many users are willing to pay some amount to get Samsung guaranteed aosp software in Samsung s9.

                      • ?
                      • Anonymous
                      • 3Jn
                      • 20 Dec 2018

                      Anonymous, 20 Dec 2018Pixel 3 is Google designed and Foxconn manufactured. Google... moreYep it’s a shame no one @ google has design taste..
                      it felt it was disapointing than iphones conference for the release of the phones.

                        • ?
                        • Anonymous
                        • dWg
                        • 20 Dec 2018

                        Xperia all the way, 19 Dec 2018And look how pixels turned out. hTC should die, then only ... moreIt's not a HTC's fault ,that Google has no taste at all.

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                          • Carol
                          • pwu
                          • 20 Dec 2018

                          Anonymous, 19 Dec 2018If my charging port broke after 3 years, I would not be tha... moreIf i would never have signal and the calling quallity would be like out of a trash can, i would have not buy the device never ever again. Yet, their are enough doing it. , even you. Vut probably you guys never actually used a device that is also a phone and not just a screen.

                            • C
                            • Carol
                            • pwu
                            • 20 Dec 2018

                            Armorkingu, 20 Dec 2018Your company is in trouble, you borrow money, and yet you s... morestupidity in action...

                              Your company is in trouble, you borrow money, and yet you still go to the casino?

                              Liu Lirong, your head and your family's should roll for that. Prison is too lenient for you guys. Old style beheading is more appropriate.

                                • j
                                • jay34frtw
                                • iuy
                                • 20 Dec 2018

                                Anonymous, 19 Dec 2018I guess BLU would have to look for a new Manufacturer to re... moreBlu and other local brands have several vendors (OEM/ODM).

                                  • ?
                                  • Anonymous
                                  • Ix1
                                  • 20 Dec 2018

                                  Walter C. Dornez, 19 Dec 2018HTC just makes it. Google designs itPixel 3 is Google designed and Foxconn manufactured. Google didn't use HTC this time around.

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                                    • AnonD-731363
                                    • Lfw
                                    • 20 Dec 2018

                                    Well maybe someone can buy them like Lenovo bought Motorola.
                                    Or like Sony bought Sony Erricsson brand etc.
                                    But with that debt i dont think so.
                                    I feel sorry for their employee but that CEO i would like to add him as a Mortal Combat Character and preform a fatality on him for next few weeks.

                                      • d
                                      • dudecool
                                      • x%x
                                      • 20 Dec 2018

                                      $144 million bet!!! sad for the employees but he deserves the downfall with doing something so stupid like that... then again, reading between the lines he probably saw the demise of the company and tried to keep it going further by trying to double his money...

                                        Wow $144m lost in casino. How did Trump managed to bankrupt his casino? :)))