Messe Frankfurt acquires expo in Beijing

Shanghai/Beijing, 13th November: International exhibition organiser, Messe Frankfurt GmbH’s Greater China headquarters, Messe Frankfurt (HK) Ltd. announced that it has acquired a majority stake in Beijing Traders-Link Plus International Exhibition Company, the organiser of the Automotive Maintenance & Repair Expo (AMR) in Beijing. Financial details of the deal were not disclosed.

 

Under the terms of the deal, the two companies will form a new joint venture, Messe Frankfurt Traders-Link (Beijing) Company, in which Messe Frankfurt will hold the majority interest. AMR, held every spring in Beijing, covers a wide range of auto maintenance and repair sectors, including garage equipment, testing & diagnostic equipment and tools, coating, collision repair, car care and car wash, chain stores, training and software.

 

The latest edition was held earlier this year, attracting over 1,100 exhibitors and 58,000 visits, occupying an exhibition area of 110,000 m2. The upcoming edition, AMR 2018 will be held at the New China International Exhibition Center (NCIEC), running from 1st to 4th April.

 

Stephan Buurma, a Messe Frankfurt Group board member, commented on the acquisition, “The Automechanika brand shows in Shanghai, Kuala Lumpur, Ho Chi Minh City and New Delhi, as well as the CAPAS show in Chengdu, together cover all areas of the value chain to serve the flourishing aftermarket sector in Asia and in China in particular. The next step is to strengthen our presence in each of the industry’s sectors… This new acquisition provides fast access for our key customers in the automotive field to penetrate this booming market.”

 

Sources: Messe Frankfurt press release, Messe Frankfurt (HK) press release, Exhibition World article

190,000+ buyers at HKTDC autumn fairs

Hong Kong, 15th November: The Hong Kong Trade Development Council (HKTDC) organised seven trade fairs during October and November. More than 9,500 exhibitors showcased their products and services at the autumn fairs and over 190,000 buyers from 176 countries and regions visited the trade fairs. Both figures are in line with last year’s figures.

 

Of the seven trade fairs, five of them took place at the Hong Kong Convention and Exhibition Centre (HKCEC), including Hong Kong Electronics Fair (Autumn Edition), electronicAsia, Hong Kong International Lighting Fair (Autumn Edition), Hong Kong Optical Fair, and Hong Kong International Wine & Spirits Fair; while the Hong Kong International Outdoor and Tech Light Expo, and Eco Expo Asia were held at AsiaWorld-Expo (AWE).

 

International attendance posted significant growth as more than 7,000 Chinese and overseas exhibitors participated in the seven trade fairs, an increase of 6% year-on-year. Approximately 120,000 mainland and overseas buyers attended the fairs, up 3% over last year. According to the HKTDC, buyer attendance from China India, Korea and Thailand recorded notable growth.

 

Source: HKTDC press release

Alibaba generates US$25 billion of GMV during ‘Singles Day’

Hangzhou, 11th November: China’s largest e-commerce company, Alibaba Group, announced that it processed a record gross merchandise volume (GMV) through Alipay on Alibaba’s China and international retail marketplaces during its “Global Shopping Festival” on 11th November. The promotion is also known as “Singles Day.” The GMV amounted to RMB 168.2 billion (US$25.3 billion), an impressive year-on-year increase of 39%.

 

According to Alibaba, mobile GMV accounted for 90% of total GMV, compared to 82% in the previous year. During the Global Shopping Festival, Alipay processed 1.48 billion payment transactions, up 41% over last year and the Cainiao Network processed 812 million delivery orders from Alibaba’s marketplaces.

 

A total of 225 countries and regions completed cross-border transactions this year. Top source countries selling to Chinese consumers included Japan, the U.S., Australia, Germany and South Korea.

 

Sources: Alibaba Group press release [1], Alibaba Group press release [2]

Reed Korea partners with Exporum to organise café expo

Seoul, 9th November: Last week, Exporum and Reed Exhibitions, an international exhibition organiser, announced plans to form a strategic alliance to organise the Seoul International Café Show.

 

Launched in 2002, Seoul International Café Show claims to be Asia’s largest B2B2C café exhibition covering the coffee, tea, bakery items and dessert segments. Every year, the show features 580 exhibitors and more than 150,000 visitors, covering 37,000 m2 of exhibition area with 2,000 booths.

 

The 2017 edition of Seoul International Café Show was held from 9th to 12th November at COEX. The next edition will return to COEX running in November 2018.

 

Paul Beh, President of Reed Exhibitions Asia Pacific, said, “With the integration of the two businesses under Reed Exporum, Reed is committed to bring our experience and expertise to Exporum’s already-robust operations. We look forward to working with the Exporum team under the capable and inspirational leadership of Danny Shin, founder and owner of Cafe Show to realise the growth potential of the combined business.”

 

Sources: Reed Exhibitions press release, Reed Exhibitions China press release

Hannover Milano Fairs to co-organise 2018 Fastener Show

Shanghai, 13th November: International exhibition organiser, Hannover Milano Fairs Shanghai Ltd., has announced plan to cooperate with the China General Machine Components Industry Association (CMCA) and the China Fastener Industry Association of China General Machine Components Industry Association to organise International Fastener Show China (Fastener Show) in 2018.

 

Hannover Milano Fairs aims to develop the show into the largest highest-level exhibition serving the fastener industry in China by expanding and upgrading the show. The 2018 Fastener Show will run from 21st to 23rd October at Shanghai World Expo Exhibition & Convention Center. It is expected to cover an exhibition area of 34,000 m2 showcasing over 700 exhibitors of products including molds, fastener technologies and services, stampings, lathe parts and fastener other materials.

 

Gary Liu, Managing Director of Hannover Milano Fairs China Ltd., stated, “We will jointly organize Fastener Show 2018 with two industry organizations. We are optimistic about the development of the fastener industry in the new normal situation, and this show will also raise the brand reputation and improve the internationalization of fastener exhibitions, in particular, meeting the market demands for professional shows. Only exhibitions meeting the market needs could better promote the industrial development.”

 

Source: Hannover Milano Fairs Shanghai press release

Horti Asia signs an MoU

Bangkok, 15th November: Earlier this week, VNU Exhibitions Asia Pacific Limited, announced that the company has signed a Memorandum of Understanding (MoU) on behalf of its Horti Asia event and the International Society for Horticultural Science (ISHS) which will focus on collaborative education opportunities and act as a knowledge platform for the horticultural industry in Asia.

 

Under the terms of the MoU, an international forum will be held at Horti Asia 2018, running from 22nd to 24th August at Bangkok International Trade & Exhibition Centre (BITEC) in Bangkok, Thailand. ISIH has over 7,000 members worldwide and it aims to provide up-to-date information on global horticultural research.

 

Manuel Madani, Project Manager of Horti Asia, commented, “We are all very pleased to be launching this partnership with ISHS during Horti ASIA 2018- a proven regional hub for horticultural technology. Many solutions in greenhouse technology, urban and organic farming have drawn 8,500 trade visitors and 500 top buyers from across Asia. More amazing is that more than half of the visitors and buyers come from abroad.”

 

Source: VNU Exhibitions Asia Pacific press release

BOL records modest growth in Q3

Bangkok, 10th November: Business Online (BOL), a leading online information service provider in Thailand, released its financial results for the quarter ended 30th September 2017. Revenues in the third quarter were US$3.2 million, an increase of 3.2% year-on-year. Net profit in the quarter grew 6.0% to US$467,000.

 

At the same time, BOL also reported its results for the nine-month period ended 30th September. Revenues in the period were US$9.7 million, up 4.9% over the same period last year. The company’s net profit in the nine-month period increased 10% year-on-year, reaching US$1.9 million. Diluted earnings per share in the first nine months of 2017 were Baht 0.08 (US$0.0024).

 

Source: BOL announcement

Share price movement in B2B media companies involved in Asia

Table 1: Stock price of selected media companies, as of 14 November 2017

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Table 2: Share price movement in B2B media companies involved in Asia

Table 2a - 767 past 12 months a.png
Table 2b - 767 since January a.png

Table 3: PE Ratios of listed Asian B2B media companies

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Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)

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Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2017)

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Comexposium acquires China stationery fair

Shanghai, 9th November: France-based international exhibition organiser, Comexposium has acquired the China Stationery Fair in Shanghai. A joint venture company, Comexposium-CSF (Shanghai) Limited, was formed as a result of the deal. Financial details of the deal were not disclosed.

 

Positioned as the largest trade exhibition of its kind in Asia, the annual China Stationery Fair features some 1,000 exhibitors covering a wide range of stationery categories including writing instruments, office and school supplies and electronic-greeting cards amongst many others.

 

The event is supported by the China Commerce Association of General Merchandise (CCAGM). Approximately 30,000 visitors attend each edition of the event including distributors, retailers and departmental stores, wholesales, educational institutes, leading brands, and media & creative agencies.

 

Simon Foster, CEO Comexposium, commented on the acquisition, “The acquisition enables Comexposium to enter into a new albeit adjacent sector to our current portfolio of retail, advertising and marketing shows. The opportunity is to deepen and broaden our business with a strategically important Chinese association, the CCAGM. By entering into a long-term strategic cooperation agreement with the CCAGM, not only can we look to adding more value to our customers for our existing businesses including our flagship event SIAL China, we can also explore new events with CCAGM to better serve their members’ variegated needs.”

 

The next edition of the China Stationery Fair will be held at the Shanghai New International Expo Centre (SNIEC) from 27th to 29th June 2018.

 

Source: Comexposium press release

Alibaba Group’s profit jumps 146% in Q2

Hangzhou, 2nd November: Last week, the Alibaba Group released its results for the quarter ended 30th September 2017. The company posted total revenues of US$8.3 billion, up 61% year-on-year. Meanwhile, the group’s net income in the quarter jumped 146% reaching US$2.6 billion.

 

Revenues from Alibaba’s B2B business in China, primarily generated through 1688.com, grew by 19% to US$258 million. Its international B2B business, primarily operating on Alibaba.com, generated revenues of US$248 million, a 10% year-on-year increase. In total, B2B revenues in the quarter accounted for 6.1% of overall revenues. Revenues from its cloud computing services were US$447 million, which represents a 99% increase over the same quarter in 2016. The cloud computing business now accounts for about 5.4% of the group’s total revenues.

 

For the six-months ended 30th September, the group generated revenues of US$16 billion, an increase of 58% year-on-year. Net profit grew 121% in the six-month period, rising to US$4.7 billion. Diluted earnings per share in the period were RMB 12.43 (US$1.87).

 

Separately, Alibaba Group announced the launch of a new eWTP (Electronic World Trade Platform) in Malaysia. This represents its first eWTP hub outside of China. The new eWTP hub will offer Malaysian SMEs services including e-commerce sales, logistics support, cloud computing, mobile payment platforms and talent training.

 

Sources: Alibaba Group financial result, Alibaba Group press release

Sino Splendid records large loss

Hong Kong, 6th November: Earlier this week, Hong Kong-listed Sino Splendid (formerly China.com) announced its financial results for the nine-month period ended 30th September 2017. Revenues in the period were US$8.1 million, a year-on-year decrease of 9.5%. The company posted a loss of US$24 million in the first nine months of 2017 compared to a profit of US$13 million in the same period in 2016.

 

The drop in revenue was largely due to a weak performance in its travel media business. Sino Splendid’s travel media business generated revenues of US$6.0 million in the first nine months of 2017, a decrease of 30% year-on-year and accounted for 73% of total revenues. The remaining revenues were generated from its finance magazine and its money lending business, amounting to revenues of US$2.2 million and just US$3,700, respectively.

 

The company also reported its results for the quarter ended 30th September. Revenues dropped 8.2% year-on-year down to US$2.7 million. Its loss in the third quarter of 2017 was US$1.5 million, compared with a profit of US$9.9 million in the same period last year.

 

Source: Sino Splendid announcement

HKTDC opens optical fair and wine fair

Hong Kong, 8th November: The Hong Kong Trade Development Council (HKTDC) opened two trade fairs this week, the 25th Hong Kong Optical Fair and the 10th Hong Kong International Wine & Spirits Fair, both held at the Hong Kong Convention and Exhibition Centre (HKCEC).

 

The Optical Fair took place from 8th to 10th November, welcoming a record 800 exhibitors from 28 countries and regions. First time exhibitors were from Denmark, India and Sweden. Exhibitors showcased their products and services in nine themed zones including the Brand Name Gallery; Contact Lens & Accessories; Sporting & Professional Eyewear; Kids Eyewear and Reading Glasses; Frames, Lens and Parts; Eyewear Accessories; Diagnostic Instruments; and Optometric Instruments & Machinery.

 

The Wine & Spirits Fair opened on 9th November and will run until 11th November. It is expected to feature about 1,070 exhibitors from 38 countries and regions. The fair’s last day, on 11th November, will be open to the public and will welcome any visitors aged 18 or above.

 

Sources: HKTDC press release [1], HKTDC press release [2]

180 exhibitors at UBM’s Taiwan Jewellery Fair

Taipei, 2nd November: Hosted by UBM Asia’s Taiwan Branch and the Taiwan Jewelry Industry Association, the 5th Taiwan Jewellery & Gem Fair 2017 was held from 3rd to 6th November at Taipei World Trade Center in Hall One.

 

Positioned as Taiwan’s premier international B2B jewellery trade show, the fair featured 180 exhibitors from 11 countries, occupying over 300 booths covering categories including loose diamonds, pearls, coloured gemstones to jewellery tools and equipment.

 

Sabine Liu, General Manager of UBM Asia’s Taiwan Branch, stated, “The fifth edition of the Taiwan Jewellery & Gem Fair displays diverse fancy coloured diamonds and iconic statement jewellery pieces. This is a perfect opportunity to look for Thanksgiving and Christmas gifts. We expect the 1st day of the Fair to generate more than US$3.5 million profits for the exhibitors.”

 

Source: PR Newswire article

ILDEX Indonesia 2017 attracts 9,000+ visitors

Jakarta, 30th October: Recently, VNU Exhibitions concluded its ILDEX Indonesia 2017 – the third edition of its International Livestock and Dairy Meat Processing & Aquaculture Exposition. The organiser reported that the event welcomed over 9,100 trade visitors from 47 countries.

 

Jointly organised by VNU Exhibition Asia Pacific Limited and Federasi Masyarakat Perunggasan Indonesia (FMPI), VNU’s partner in Indonesia, ILDEX Indonesia 2017 showcased 230 exhibitors from 34 countries presenting the latest high-tech equipment and business solutions serving the livestock and aquaculture industries.

 

Running from 18th to 20th October 2017 at the Jakarta International Expo (JIEXpo), the event provided a platform for visitors to experience the latest equipment in livestock farming as well as the opportunity to tap into key industry trends. The next edition of the biennial ILDEX Indonesia will remain in Jakarta and it will be held in October 2019.

 

Source: VNU Exhibitions Asia Pacific press release