Messe Muenchen India acquires India International Cargo Show

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Mumbai, 1st September: Messe Muenchen India, the Indian subsidiary of international exhibition organiser, Messe München Group, announced to acquire the India International Cargo Show (IICS) from Upstream Business Solutions LLP. Financial details of the transition were not disclosed.

IICS provided a platform for freight forwarders, airlines, shipping lines, ports, terminals, warehousing and cold-chain operators, express logistics providers, cargo-handling companies and logistics technology businesses. IICS 2025 featured more than 200 exhibiting brands, occupying over 15,000 m2 of exhibition space, and attracted more than 25,000 trade visitors from over 80 countries.

After the acquisition, IICS will become part of Messe München’s international transport logistic network, including other events in China, India, Kenya, Saudi Arabia, Singapore, Türkiye and the United States. The upcoming IICS will be held in Mumbai, scheduling from 2nd to 4th December 2026, at the Jio World Convention Centre, Bandra Kurla Complex.

Bhupinder Singh, President IMEA, Messe München and CEO, Messe Muenchen India, said, “India International Cargo Show has built strong relationships across India’s cargo and freight-forwarding industry. Bringing it into our portfolio allows us to serve the market through a series of focused yet complementary platforms. Exhibitors, visitors, associations and industry partners will be able to engage with a much wider part of the logistics value chain through one coordinated portfolio. At the same time, every event will continue to address the specific business priorities and communities it was created to serve.”

MCEC appoints new GM, Operations

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Melbourne, 1st September: Melbourne Convention and Exhibition Centre (MCEC) announced the appointment of Monica Rizzi as its General Manager, Operations.

In the new role, Monica will focus on operational excellence, innovation, and customer experience, to support MCEC’s continued growth and its ambition to become the world’s trusted partner for delivering impactful events. Monica has more than 20 years’ experience of operational and commercial leadership experience across Australia’s events. She has also held senior leadership positions with Australia’s events and hospitality businesses.

Lauren Milsop, Chief Operating Officer of the Victorian Convention and Event Trust (VCET), MCEC’s operator, was quoted, “Monica is an accomplished leader with a proven track record of delivering exceptional operational outcomes and leading high-performing teams. As we continue to grow, Monica’s extensive industry experience and customer focus will be invaluable in helping us deliver exceptional experiences for our customers and visitors.”

At the same time, MCEC also announced to expand its Business Development team to strengthen its domestic market position and pursue new opportunities in international markets. The Business Development will be led by the Head of Business Development, Sandra Lady, with a team of industry professional.

BFB Health turns profit

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Hong Kong, 27th August: Last month, BFB Health (formerly SEEC Media Group), a Hong Kong-listed media company, announced its financial results for the first half of 2026. Revenues in the six-month period were US$36.2 million, compared with the figure of US$2.01 million last year. The increase was driven by the marketing efforts of the advertising and e-commerce business.

The company posted a profit of US$1.2 million in the first half of 2026, compared with a loss of US$48,000 in the first half of 2025. Diluted earnings per share in the first half of year were HK$0.008 (US$0.001).

The company has developed digital media marketing services and MCN business to diversify its advertising business revenue. In the reported period, more than 98% of total revenues were generated from this business, amounting at US$35.8 million.

In November, the company renamed as BFB Health, owned by BFB Group, which operates a health and wellness brand, “Dyesoo”, at various e-commerce platform and MCN. The company has established operating systems on major e-commerce platforms, to gain the online presence of its health management products. In the future, the company will continue to develop its advertising business, especially the digital media marketing and the MCN business.

CCID Consulting down in revenues and profits

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Beijing, 27th August: CCID Consulting, a research and information service provider in China, has announced its financial results for the first half of 2026, with revenues of US$11.6 million, down 39% from the first half of 2025. The company’s net profit dropped 87% year-on-year, down to US$811,000. Earnings per share in the six-month period were RMB 0.0079 (US$0.0012).

More than 54% of CCID’s revenues were generated from its Decision-making consulting services, amounting to US$6.3 million. This segment decreased by 54% year-on-year. The second largest business segment was CCID’s Science and technology innovation platform services, generating revenues of US$3.9 million, and accounting for about 34% of the company’s total revenues. This segment grew 24% over the first half of 2025. The remaining revenues were generated from its Data platform services (US$1.4 million), which recorded a decline of 35% from the same period last year.

The company attributed the decrease to intensifying industry competition, changes in customer demand, and tighter budgets, leading to a decrease in revenue the Decision-making consulting services.

In the future, the company will continue to transform its focus from “quantity and scale growth” to enhancing “quality and influence”, under four directions: stability, innovation, digitalization, and optimization.

Quick takes

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TCEB promotes “Meet Thai Plus 2026 Shenzhen”

The Thailand Convention and Exhibition Bureau (TCEB) announced to launch MEET Thai Plus 2026 Shenzhen from 9th to 10th September 2026, at the Shenzhen Convention and Exhibition Centre (SZCEC) in Shenzhen. With the theme of “Thailand: Meet for More”, TCEB aims to introduce a new dimension of overseas business events marketing focused on the Chinese market. The event will gather major Thai economic and investment-related organisations, for Chinese companies to understand Thailand’s support policies and investment information.

Hong Kong exhibition industry drives economic boost

The Hong Kong Exhibition & Convention Industry Association (HKECIA) reported the exhibition industry generated HK$50.2 billion (US$6.4 billion) in total economic output in 2024, which was 1.6% of Hong Kong’s GDP. The figures reflected the industry as a high-value economic driver and a critical engine for contributing to the Government’s target of raising tourism’s GDP contribution to 5% by 2029.

Melbourne to host Money20/20 Australia

Melbourne will host Money20/20 Australia conference in February 2028, which is the first time the global financial tech gathering to be held in Australia. The bidding process was led by the Melbourne Convention Bureau with backing from the Victorian Government and Tourism Australia via its Bid Fund Program. The new event is expected to attract financial decision-makers, technology firms, and startups to Victoria, drawing over 1,000 delegates. Money20/20 Australia will run alongside Intersekt, and Australian Data Center World and AI Summit.

Netsun posts profit in first half

Last week, Shenzhen-listed Zhejiang Netsun, a B2B e-commerce platform, released its financial results for the six months ended 30th June 2026. The company’s revenues were US$57.4 million during the period, representing an increase of 27% year-on-year. The company posted a net profit of US$448,000, compared with a loss of US$982,000 in the first half of 2025. The diluted earnings per share in the first half of 2026 were RMB 0.01 (US$0.0015).