7th All in CARAVANING concludes in Beijing
/Beijing, 5th July: The 7th All in CARAVANING (AIC) was held for the first time at Beijing Etrong International Exhibition & Convention Center, occupying a total exhibition area of 35,000 m2.
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Weekly Newsletter
Brisbane Convention Bureau secures 78 conferences
/Brisbane, 5th July: Following a record year of activity by Brisbane Convention Bureau, the city is expected to generate more than A$96 million (US$71 million) of revenues directly attributable to convention activities.
Read MoreJETRO Bangkok signs LOI with CEBIT ASEAN
/Bangkok, 10th July: Earlier this week, JETRO Bangkok and CEBIT ASEAN Bangkok signed a Letter of Intent (LOI) to foster the partnership and collaboration between the two organisations.798
Read MoreITE announces revenue increases in trading update
/London, 10th July: Earlier this week, London-based ITE Group plc published its trading update covering the period from 1st April to 10th July 2018.
Share price movement in B2B media companies involved in Asia
/Share price movement.
Read MoreHKTDC’s exhibition revenue hits US$250 million
/Hong Kong, July: Recently, the Hong Kong Trade Development Council (HKTDC) published its annual report for the financial year ended 31st March 2018. Revenues generated from the HKTDC’s exhibitions and missions were US$250 million, slightly higher than last year’s figure. The HKTDC’s total revenues, including a government subvention of US$49 million, were US$360 million – also similar to the previous year’s numbers.
Read MoreUBM launches Hotelex Indonesia & Finefood Indonesia
/Jakarta, 29th June: The inaugural edition of Hotelex Indonesia& Finefood Indonesia will be held from 18th to 20th July 2018 at Jakarta International Expo (JIExpo) in Jakarta. The event is expected to feature more than 200 companies from 26 countries, covering an exhibition space of more than 10,000 m2.
Read MoreAlibaba aims to address digital challenges
/China, 27th June: Last week, Alibaba Group formally established the Luohan Academy, a global research program aiming to address the emerging economic consequences and social disruption generated by the digital economy.
Read MoreMartin Sirk, ICCA CEO steps down
/Amsterdam, 27th June: The board of the International Congress and Convention Association (ICCA) announced this week that its long-serving CEO, Martin Sirk, will step down from his position at the end of this month.
Read MoreJapanese media company buys Quartz
/Tokyo/New York, 2nd July: Tokyo-based media company, Uzabase, has announced its plans to acquire Quartz for between US$75 million and US$110 million, depending on Quartz’s financial performance in 2018.
Read MoreIPG acquires Acxiom for US$2.3 billion
/Asia, 2ndJuly: Earlier this week, Interpublic Group (IPG) announced that the company bought global data market firm, Acxiom Marketing Solutions for US$2.3 billion.
Read MoreShare price movement in B2B media companies involved in Asia
/Share price movement
Read MoreHKECIA: Hong Kong exhibitions post solid results in 2017
/Hong Kong, 26th June: Last week, the Hong Kong Exhibition and Convention Industry Association (HKECIA) released the results of its annual exhibition survey. A total of 135 exhibitions with a gross size over 2,000 m2 were held during 2017. Among them, 87 were classified as “trade” and “trade and consumer” exhibitions. The remaining 48 exhibitions were purely “consumer” exhibitions, which were not included in the survey.
Nearly 2,000 exhibitors at UBM’s June Jewellery Fair
/Hong Kong, 19th June: UBM Asia’s June Hong Kong Jewellery & Gem Fair (June Fair) opened on 21st June at the Hong Kong Convention and Exhibition Centre (HKCEC) and it featured 1,998 exhibitors from 38 countries and regions.
Read MoreAdsale’s printing and label events attract 76,000+ visitors
/Guangzhou, 27th June: The 25th South China International Exhibition on Printing Industry (Printing South China 2018) and the China International Exhibition on Label Printing Technology (Sino-Label 2018) were held at the China Import and Export Fair Complex in Guangzhou. The events attracted 76,228 visitors from over 100 countries, including 10,516 from overseas.
Read MoreGL events acquires event services firm in China
/China, 14th June: Earlier this month, GL events announced that the company had signed a memorandum of understanding to acquire a majority stake in ZhongZhiXing Group (ZZX), a company specialised in “event engineering and logistics” as well as event services. ZZX also offers digital solutions its clients.
Pico’s revenues up 34% in first half
/Hong Kong, 22nd June: Last week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended 30th April 2018. Revenues were US$292 million – representing year-on-year growth of 34%. Profit in the first half increased slightly, by 3.4%, reaching US$16 million. Diluted earnings per share in the six-month period were HK$0.1037 (US$0.013).
Read MoreMCEC appoints Director of Marketing
/Melbourne, 22nd June: The Melbourne Convention and Exhibition Centre (MCEC) has appointed Carolyn Johnson as its Director of Marketing and Communications, effective from 9th July 2018.
Share price movement in B2B media companies involved in Asia
/Share price movement.
Read MoreUBM acquires Shanghai International Franchise Exhibition
/Shanghai, 14th June: Last week, UBM Sinoexpo, subsidiary of UBM plc, announced that the company acquired 70% interest in the Shanghai International Franchise Exhibition (SFE). No financial details of the acquisition were disclosed.
Organised by Shanghai Exhibition-Conference Limited (SEC), SFE was launched in 2005. It is held twice a year – a spring and an autumn edition. The exhibition is reportedly one of the largest franchising events in China. Exhibitors are mainly from the food, beverage and retail sectors. At the spring 2018 edition, the exhibition attracted 221 exhibitors with over 450 brands and more than 50,000 visitors.