Being an electronics retailer from China is not an easy piece of bread. Competition is fierce and current electronic prices are very high. On top of that, European Union VAT rules became much more strict. Every package that enters the EU has to have VAT collected from the recipient. As a result, fewer people are buying in China.
As a result, the first recognizable retailers filed for bankruptcy. GearBest website is down, you can not view, order or check your parcel.