diff --git a/.coveragerc b/.coveragerc
index 33380c34ed7..0f721155389 100644
--- a/.coveragerc
+++ b/.coveragerc
@@ -517,6 +517,7 @@ omit =
     homeassistant/components/sensor/fixer.py
     homeassistant/components/sensor/fritzbox_callmonitor.py
     homeassistant/components/sensor/fritzbox_netmonitor.py
+    homeassistant/components/sensor/gearbest.py
     homeassistant/components/sensor/geizhals.py
     homeassistant/components/sensor/gitter.py
     homeassistant/components/sensor/glances.py
diff --git a/CODEOWNERS b/CODEOWNERS
index fe415a619db..ac0f794482a 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -54,6 +54,7 @@ homeassistant/components/media_player/kodi.py @armills
 homeassistant/components/media_player/monoprice.py @etsinko
 homeassistant/components/media_player/yamaha_musiccast.py @jalmeroth
 homeassistant/components/sensor/airvisual.py @bachya
+homeassistant/components/sensor/gearbest.py @HerrHofrat
 homeassistant/components/sensor/irish_rail_transport.py @ttroy50
 homeassistant/components/sensor/miflora.py @danielhiversen
 homeassistant/components/sensor/sytadin.py @gautric
diff --git a/homeassistant/components/sensor/gearbest.py b/homeassistant/components/sensor/gearbest.py
new file mode 100755
index 00000000000..2bc7e5b3b3a
--- /dev/null
+++ b/homeassistant/components/sensor/gearbest.py
@@ -0,0 +1,127 @@
+"""
+Parse prices of a item from gearbest.
+
+For more details about this platform, please refer to the documentation at
+https://home-assistant.io/components/sensor.gearbest/
+"""
+import logging
+from datetime import timedelta
+
+import voluptuous as vol
+
+from homeassistant.components.sensor import PLATFORM_SCHEMA
+import homeassistant.helpers.config_validation as cv
+from homeassistant.util import Throttle
+from homeassistant.helpers.entity import Entity
+from homeassistant.helpers.event import track_time_interval
+from homeassistant.const import (CONF_NAME, CONF_ID, CONF_URL, CONF_CURRENCY)
+
+REQUIREMENTS = ['gearbest_parser==1.0.5']
+_LOGGER = logging.getLogger(__name__)
+
+CONF_ITEMS = 'items'
+
+ICON = 'mdi:coin'
+MIN_TIME_BETWEEN_UPDATES = timedelta(seconds=2*60*60)  # 2h
+MIN_TIME_BETWEEN_CURRENCY_UPDATES = timedelta(seconds=12*60*60)  # 12h
+
+
+_ITEM_SCHEMA = vol.All(
+    vol.Schema({
+        vol.Exclusive(CONF_URL, 'XOR'): cv.string,
+        vol.Exclusive(CONF_ID, 'XOR'): cv.string,
+        vol.Optional(CONF_NAME): cv.string,
+        vol.Optional(CONF_CURRENCY): cv.string
+    }), cv.has_at_least_one_key(CONF_URL, CONF_ID)
+)
+
+_ITEMS_SCHEMA = vol.Schema([_ITEM_SCHEMA])
+
+PLATFORM_SCHEMA = PLATFORM_SCHEMA.extend({
+    vol.Required(CONF_ITEMS): _ITEMS_SCHEMA,
+    vol.Required(CONF_CURRENCY): cv.string,
+})
+
+
+def setup_platform(hass, config, add_devices, discovery_info=None):
+    """Set up the Gearbest sensor."""
+    from gearbest_parser import CurrencyConverter
+    currency = config.get(CONF_CURRENCY)
+
+    sensors = []
+    items = config.get(CONF_ITEMS)
+
+    converter = CurrencyConverter()
+    converter.update()
+
+    for item in items:
+        try:
+            sensors.append(GearbestSensor(converter, item, currency))
+        except ValueError as exc:
+            _LOGGER.error(exc)
+
+    def currency_update(event_time):
+        """Update currency list."""
+        converter.update()
+
+    track_time_interval(hass,
+                        currency_update,
+                        MIN_TIME_BETWEEN_CURRENCY_UPDATES)
+
+    add_devices(sensors, True)
+
+
+class GearbestSensor(Entity):
+    """Implementation of the sensor."""
+
+    def __init__(self, converter, item, currency):
+        """Initialize the sensor."""
+        from gearbest_parser import GearbestParser
+
+        self._name = item.get(CONF_NAME)
+        self._parser = GearbestParser()
+        self._parser.set_currency_converter(converter)
+        self._item = self._parser.load(item.get(CONF_ID),
+                                       item.get(CONF_URL),
+                                       item.get(CONF_CURRENCY, currency))
+        if self._item is None:
+            raise ValueError("id and url could not be resolved")
+
+    @property
+    def name(self):
+        """Return the name of the item."""
+        return self._name if self._name is not None else self._item.name
+
+    @property
+    def icon(self):
+        """Return the icon for the frontend."""
+        return ICON
+
+    @property
+    def state(self):
+        """Return the price of the selected product."""
+        return self._item.price
+
+    @property
+    def unit_of_measurement(self):
+        """Return the currency."""
+        return self._item.currency
+
+    @property
+    def entity_picture(self):
+        """Return the image."""
+        return self._item.image
+
+    @property
+    def device_state_attributes(self):
+        """Return the state attributes."""
+        attrs = {'name': self._item.name,
+                 'description': self._item.description,
+                 'currency': self._item.currency,
+                 'url': self._item.url}
+        return attrs
+
+    @Throttle(MIN_TIME_BETWEEN_UPDATES)
+    def update(self):
+        """Get the latest price from gearbest and updates the state."""
+        self._item.update()
diff --git a/requirements_all.txt b/requirements_all.txt
index 3157f87d4ba..32b552b9c5d 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -291,6 +291,9 @@ gTTS-token==1.1.1
 # homeassistant.components.device_tracker.bluetooth_le_tracker
 # gattlib==0.20150805
 
+# homeassistant.components.sensor.gearbest
+gearbest_parser==1.0.5
+
 # homeassistant.components.sensor.gitter
 gitterpy==0.1.6