Guangzhou Grandbuy Co., Ltd.
Retail and distribution · Guangzhou, Guangdong
About Guangzhou Grandbuy Co., Ltd.
Guangzhou Grandbuy Co., Ltd. is the listed company behind the Grandbuy department stores, one of the historic names of Guangzhou retail. Incorporated in 2002 and listed on the Shenzhen Stock Exchange since 2007 (stock code 002187), it is a core enterprise of the Guangzhou Lingnan group and is headquartered at No. 12 Xihu Road, Yuexiu District, Guangzhou, Guangdong Province, from where it coordinates its store network.
Its main business is department store retailing, combined with shopping centres, supermarkets, specialty stores, electrical appliance chain stores and discount stores, concentrated in Guangdong and Hainan. It operates through joint-sales concessions, direct purchase and sale, and property leasing within its stores, and adds complementary warehousing and catering services.
Grandbuy has also taken its business online with its own sales platforms — including its membership ecosystem and the online malls linked to Grandbuy and Guangzhou Friendship — and with in-store live streaming. With millions of registered members across its banners, the group brings together physical and online distribution in southern China's retail market.
Its main business is department store retailing, combined with shopping centres, supermarkets, specialty stores, electrical appliance chain stores and discount stores, concentrated in Guangdong and Hainan. It operates through joint-sales concessions, direct purchase and sale, and property leasing within its stores, and adds complementary warehousing and catering services.
Grandbuy has also taken its business online with its own sales platforms — including its membership ecosystem and the online malls linked to Grandbuy and Guangzhou Friendship — and with in-store live streaming. With millions of registered members across its banners, the group brings together physical and online distribution in southern China's retail market.