Global Sources Explained
Global Sources Limited |
Type: | Public |
Founder: | Merle A. Hinrich |
Location City: | Hong Kong |
Location Country: | China |
Key People: | Hu Wei, CEO |
Industry: | E-commerce, Publishing, Trade shows |
Owner: | Blackstone |
Parent: | Clarion Events |
Global Sources is a Hong Kong-based business-to-business (B2B) multichannel media company that serves buyers and suppliers online and offline since 1971. Its core business facilitates trade between suppliers and buyers, through trade shows,[1] online marketplaces, the management magazine Chief Executive China,[2] apps and other virtual products.
Global Sources organizes many professional sourcing fairs in Hong Kong every year in response to the development of Guangdong-Hong Kong-Macao Greater Bay Area. These include the world 's largest electronic product sourcing fair - Global Sources Electronics, Indonesia[3] which connects China with Southeast Asia market under the “Belt and Road Initiative”. Global Sources is also a majority shareholder in Shenzhen International Machinery Manufacturing Industry Exhibition (SIMM), the leading machinery exhibitions in Southern China, and its related shows.
The company launched its China Sourcing Fairs in 2003.
- Global Sources Exhibitions,[4] which bring international buyers face-to-face with suppliers. Specialized shows take place in Hong Kong,[5]
- Private sourcing events, which create opportunities for pre-selected suppliers to meet privately with buyers representing retail chains.[6] [7] [8]
- Global Sources online marketplaces,[9] which allow buyers to contact manufacturers directly for inquiries and purchases.
- Chief Executive China,[10] which feature thousands of informative supplier advertisements. Each of the 16 industry titles provides reports on new products and trends in sourcing. Print, digital[11] and mobile app[12] [13] editions are available.
In February 2018, UK-based Clarion Events (owned by The Blackstone Group) completed its acquisition of Global Sources supported by Blackstone.[14]
In July 2018, Hu Wei, formerly President of Reed Exhibitions Greater China, was appointed as the CEO of Global Sources.
References
- News: Global Sources Ltd . https://web.archive.org/web/20140728192750/http://www.forbes.com/companies/global-sources-ltd/financial/GSOL/ . dead . 28 July 2014 . Forbes . 18 November 2013.
Notes and References
- Web site: Global Sources Exhibitions: Specialized Trade Fairs in HK. 2020-10-06. globalsources.com.
- Web site: 世界经理人-世界经理人网站与杂志致力引导职业经理人实现卓越管理. 2020-10-06. www.ceconline.com.
- Web site: 2020 Global Sources Electronics Indonesia: New show in Jakarta!. 2020-10-06. www.globalsources.com.
- Web site: Global Sources Exhibitions. 2020-10-06. www.globalsources.com.
- Web site: Global Sources - Press Release - Dec 5, 2019. 2020-10-06. www.corporate.globalsources.com.
- Web site: Global Sources' Private Sourcing Events see strong buyer and supplier support in 2012 despite uncertain economic conditions . 25 November 2013.
- Web site: New Buyers at Private Sourcing Events Double in First Half of 2011 . 25 November 2013.
- News: Global Sources to hold 15 Private Sourcing Events for world retailers with US$665 billion in annual sales . 25 November 2013 . Bloomberg.
- Web site: Global Sources Online Marketplaces. 2020-10-06. www.globalsources.com.
- Web site: Global Sources - Chief Executive China presents its 15th anniversary special edition. 2020-10-06. www.corporate.globalsources.com.
- Web site: Global Sources Introduces e-Magazines . https://web.archive.org/web/20090224230528/http://www.prweb.com/releases/global-sources/trade-magazines/prweb2141884.htm . dead . 24 February 2009 . 26 November 2013.
- Web site: Global Sources Magazines on Apple App Store . 26 November 2013.
- Web site: Global Sources Magazines on Google Play Store . 26 November 2013.
- Web site: Clarion Events completes merger with Global Sources.