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"Asia Business Media" - 5 new articles

  1. Informa and Hamburg Messe partner to launch maritime show in India
  2. Messe Frankfurt’s Shanghai textiles show spans 150,000+ sqm
  3. Made-in-China.com grows moderately in first half
  4. SEEC Media records loss in first half
  5. Alibaba posts strong results ahead of IPO
  6. More Recent Articles
  7. Search Asia Business Media
  8. Prior Mailing Archive

Informa and Hamburg Messe partner to launch maritime show in India

News this week: Informa Exhibitions and Hamburg Messe und Congress have announced the launch of a new maritime trade show, INMEX SMM India which will serve the South Asian maritime market. The inaugural edition of the event will take place from 23rd to 25th September 2015 at the Bombay Exhibition Centre.

The inaugural edition of INMEX SMM India will feature a conference programme, an international B2B Buyers Programme and a dedicated Product Demonstration Area. INMEX SMM India is the result of combining Informa’s INMEX India, which attracted over 500 exhibitors from 40 countries and 6,000 visitors in its 2013 edition, and Hamburg Messe’s Mumbai-based trade show – SMM India.

Bernd Aufderheide, CEO and president of Hamburg Messe und Congress, said, “We are excited about the prospect of further developing SMM India by working together with INMEX India and jointly offering an unmatched maritime event on the subcontinent. Exhibitors and visitors alike will profit from our collaboration.” While Informa’s COO Nicky Mason added, “We are delighted to now bring INMEX-SMM together as one event to offer a wider audience and maximize returns for our clients.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates. 
    


Messe Frankfurt’s Shanghai textiles show spans 150,000+ sqm

News this week: Messe Frankfurt’s autumn edition of Intertextile Shanghai Home Textiles has expanded to cover more than 150,000 m2 of gross exhibition space. Celebrating its 20thedition this year, the show occupied 13 halls at the Shanghai New International Expo Centre(SNIEC) and runs from 27th to 29th August 2014.

Messe Frankfurt expects attendance from trade visitors to reach 40,000 over the three-day show. Some 1,350 exhibitors from 31 countries and regions will showcase their products and services, along with group pavilions from Belgium, Italy, Turkey, India, Korea, Pakistan, Taiwan, as well as first-time participation from Morocco.

The previous edition of Intertextile Shanghai Home Textiles autumn edition attracted more than 39,000 buyers and 1,300 exhibitors, which was a new show record. The three-day show is jointly organised with the Sub-Council of Textile Industry, CCPIT and the China Home Textile Association (CHTA).

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

Made-in-China.com grows moderately in first half

News this week: The Shenzhen-listed Focus Technology, the operator of Made-in-China.com, has announced its financial results for the six months ended 30thJune 2014. Revenues in the period were US$42 million, up 5.4% compared with the same period last year. Profit in the same six-month period grew by 6.7%, reaching US$12 million. The diluted earnings per share in the first half were RMB 0.61 (US$0.098).

Focus Technology’s largest revenue segment was membership fees - amounting to US$19 million. Its second largest business segment was value-added services, generating US$7.7 million or 18% of the group’s total revenues. Its “Audited Supplier Services” accounted for 16% of total revenues which generated US$6.8 million.

As of 30thJune, Made-in-China.com had a total 13,446 registered paid members, of those 12,908 were registered on its English-language site, while just 538 were registered on its largely dormant Chinese-language site.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


SEEC Media records loss in first half

News this week: Last week, Hong Kong-listed SEEC Media reported its financial results for the first half of 2014. Revenues in the period were US$24 million, a year-on-year 12% decrease. The company recorded a loss of US$3.4 million in the six-month period, compared with a profit of US$75,000 in the first half in 2013.

SEEC attributed the decrease in revenue as well as net loss to the diversion of advertising spending to the internet and mobile media sectors and away from print media options.

The majority of SEEC’s revenues were generated from by its ad services, amounting to US$23 million, which represents a drop of 9.1% compared with the previous year. The remaining revenues came from book and magazine sales which declined 45% year-on-year.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

Alibaba posts strong results ahead of IPO

News this week: China’s leading e-commerce company, Alibaba Group, recorded strong financial results for the quarter ended 30th June 2014. Revenues jumped 46% year-on-year to US$2.54 billion and the group’s net income in the quarter nearly tripled, reaching US$1.99 billion.

The strong result was, in part, due to gains within the company’s mobile business. Alibaba accounts for about 80% of China’s online retail sales and the group generated gross merchandise volume of US$296 billion in the previous 12 months ending 30th June. As of the end of June, Alibaba had 279 million active buyers, a year-on-year 50% increase.

According to media reports, Alibaba’s IPO roadshow will kick-off next month as the company pitches its shares to institutional buyers. It is expected Alibaba will reach a valuation of as high as US$200 billion when the company eventually is listed.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


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