Share price movement in B2B media companies involved in Asia
/Share price movement
Read MoreWeekly Newsletter
Share price movement
Read MoreNew Delhi, 10th January: At the 12th edition of the International Fire & Security Exhibition and Conference (IFSEC) India, UBM India announced plans to launch a preview show in Dhaka, Bangladesh later this year.
At the inaugural session of IFSEC India, UBM India also announced its plans to launch a preview show in Dhaka, Bangladesh from 18th to 20th April 2019. The preview show will provide a new platform for the Bangladeshi market to enhance its safety and surveillance services. The event will also feature a conference, product launches live demonstrations.
Berlin/Shanghai, 10th January: ITC China, a trade show serving the travel industry in China, renewed its strategic partnership with the China Tourism Association (CTA) for the 2019 edition running from 15th to 17th May at the Shanghai World Expo Exhibition and Convention Centre (SWEECC).
Under the terms of the partnership, marketing activities will be held during ITB China 2019 to “mutually promote both parties as well as to enhance business opportunities and raise global awareness for the Chinese travel industry.”
India, 8th January: drink technology India (dti), an event serving the beverage and liquid food industry in India, announced plans to postpone the event from February to April, reported following a “request” from the event’s exhibitors.
Organised by Messe München, dti was originally scheduled to run from 28th February to 3rd March 2019. The new dates are from 10th to 12th April 2019. The event will remain at Bangalore International Expo Centre (BIEC), as planned.
Hong Kong, 10th January: Last week, the Hong Kong Trade Development Council (HKTDC) concluded its first four shows in 2019 attracting more than 130,000 buyers, an increase of 3.3% over last year.
The Hong Kong Toys Games Fair, Hong Kong Baby Products Fair and Hong Kong International Stationery Fair ran from 7th to 10th January, while the Hong Kong International Licensing Show was held from 7th to 9th January. All four shows took place at Hong Kong Convention and Exhibition Centre (HKCEC).
Asia, 11th January: According to Dentsu Aegis Network (DAN), a multinational media and digital marketing communications company, digital advertising spending in Asia Pacific is expected to account for 49% of the total spending in 2019.
Overall spending in the region is forecast to grow by 4.5% this year. Digital is now the main channel for advertising in Asia Pacific. China spends 63% on digital ads, Australia (52%), New Zealand (49%), Hong Kong (48%) and Taiwan (43%).
London, 15th January: Reed Exhibitions, the second largest global exhibition organiser, announced that the company has entered into a definitive agreement to acquire Mack Brooks Exhibitions. The transaction is subject to regulatory approval and is expected to close at some point in the first half of 2019. Although no financial details for the acquisition were disclosed, industry insiders have estimated the deal to be worth approximately £210 million (US$273 million).
Mack Brooks has a small portfolio in Asia including geo-cloned editions of Asia Blech, InterAirport, and its Fastener Expo in China, India, Thailand and Singapore. In total, the company is estimated to have revenues of approximately US$50 million. The deal represents Reed Exhibitions first significant acquisition in many years.
Share price movement
Read MoreWellington, New Zealand, December: The Wellington City Council has approved plans for the construction of a new venue, the Wellington Conference and Exhibition Centre (WCEC).
According to the council, construction work will start in 2019. The venue will feature convention space spread across two upper floors adding 10,000 m2 of total space. The exhibition gallery on the ground floor will feature 1,650 m2.
Hong Kong, 7th January: Hong Kong Fashion Week will open later this month celebrating its 50th edition. Hong Kong Fashion Week for Fall/Winter 2019 will run from 14th to 17th January at the Hong Kong Convention and Exhibition Centre (HKCEC).
Read MoreThailand, 9th January: MEDICAL FAIR THAILAND, a biennial event, will be held at a larger venue this year. The exhibition will relocate to the Bangkok International Trade & Exhibition Centre (BITEC) in 2019 to accommodate the exhibition’s growth.
Read MoreJakarta, 9th January: Alibaba Cloud, the cloud computing arm of Alibaba Group, the largest e-commerce company in China, has announced the launch of its second data center in Indonesia which will double the company’s local capacity.
Read MoreNew Delhi, 9th January: UBM India, a subsidiary of UBM plc, will open its travel trade show in India, SATTE 2019, at a new location, India Expo Mart, Greater Noida – Delhi NCR. The event will be held next week running from 16th to 18th January.
Read MoreHong Kong, 7th January: The Hong Kong Trade Development Council (HKTDC) concluded its Hong Kong International Licensing Show this week. The event featured more than 400 exhibitors and over 23,000 visitors from around the world.
Read MoreFigure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)
Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2019)
Düsseldorf, 1st January: International trade fair organiser, Messe Düsseldorf, has appointed Dietmar Thomas as its Head of Trade Fair Press Department, effective from 1st January 2019. Thomas replaces Eva Rugenstein, former Head of Trade Fair Press Department, who retired after 25 years with the company.
Read MoreTokyo, 13th December: SIGGRAPH Asia 2018, the “ACM SIGGRAPH Conference and Exhibition on Computer Graphics and Interactive Technologies in Asia,” posted new record numbers at the Tokyo International Forum in Japan. Close to 10,000 participants from 60 countries and regions attended SIGGRAPH. Visitors included computer graphics professionals, researchers, consumer enthusiasts and various trade visitors. According to the organiser, this 11th edition of the conference was the largest event in its history.
Read MoreNew Delhi, 20th December: Messe München concluded its biennial event, bauma CONEXPO INDIA, on 14th December 2018. It attracted over 39,000 industry professionals to the HUDA Ground in Gurgaon/Delhi. According to the organiser that represents growth of 20% compared with the previous edition.
Read MoreHong Kong, 2nd January: The Hong Kong Trade Development Council (HKTDC) will open three concurrent shows later this month at the Hong Kong Convention and Exhibition Centre (HKCEC). These events are expected to feature nearly 3,000 exhibitors. Running from 7th to 10th January, the three shows are: Hong Kong Toys & Games Fair, Hong Kong Baby Products Fair and Hong Kong International Stationery Fair.
Read MoreLondon, 20th December: Global asset management firm, Providence Equity Partners, announced that the company has signed an agreement to acquire CloserStill Media, a U.K.-based trade show and event organiser, for £340 million (US$431 million). Providence has experience owning exhibition businesses. Previously, Providence held stakes in Clarion Events and George Little Management in the U.S.
Read MoreBusiness Strategies Group is the only market intelligence & strategy consulting firm in Asia with a special focus on business media, information and events. Our services include research, market intelligence, mergers and acquisition support and strategy development.
Subscribe to our free brief industry newsletter to receive a weekly update on the latest in B2B media in Asia.