Global Sources
 | |
| Company type | Public |
|---|---|
| Industry | E-commerce, Publishing, Trade shows |
| Founded | 1971 |
| Founder | Merle A. Hinrich |
| Headquarters | Hong Kong , China |
Key people | Hu Wei, CEO |
| Owner | Blackstone |
| Parent | Clarion Events |
Global Sources (Chinese: 環球資源) 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.
Global Sources and the Digital Age
[edit]In recent years, Global Sources has significantly expanded its digital presence to cater to the evolving needs of its global customer base. The company's online marketplaces have become increasingly sophisticated, offering features such as virtual trade shows, live product demonstrations, and AI-powered product matching. Additionally, Global Sources has invested in mobile apps to provide buyers with on-the-go access to supplier information, product catalogs, and real-time market updates. By embracing digital technologies, Global Sources aims to further streamline the sourcing process and connect buyers and suppliers more efficiently than ever before.[15]
References
[edit]- ^ "Global Sources Exhibitions: Specialized Trade Fairs in HK". globalsources.com. Retrieved 6 October 2020.
- ^ "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". www.ceconline.com. Retrieved 6 October 2020.
- ^ "2020 Global Sources Electronics Indonesia: New show in Jakarta!". www.globalsources.com. Retrieved 6 October 2020.
- ^ "Global Sources Exhibitions". www.globalsources.com. Retrieved 6 October 2020.
- ^ "Global Sources - Press Release - Dec 5, 2019". www.corporate.globalsources.com. Retrieved 6 October 2020.
- ^ "Global Sources' Private Sourcing Events see strong buyer and supplier support in 2012 despite uncertain economic conditions". Retrieved 25 November 2013.
- ^ "New Buyers at Private Sourcing Events Double in First Half of 2011". Retrieved 25 November 2013.
- ^ "Global Sources to hold 15 Private Sourcing Events for world retailers with US$665 billion in annual sales". Bloomberg. Retrieved 25 November 2013.
- ^ "Global Sources Online Marketplaces". www.globalsources.com. Retrieved 6 October 2020.
- ^ "Global Sources - Chief Executive China presents its 15th anniversary special edition". www.corporate.globalsources.com. Retrieved 6 October 2020.
- ^ "Global Sources Introduces e-Magazines". Archived from the original on 24 February 2009. Retrieved 26 November 2013.
- ^ "Global Sources Magazines on Apple App Store". Retrieved 26 November 2013.
- ^ "Global Sources Magazines on Google Play Store". Retrieved 26 November 2013.
- ^ "Clarion Events completes merger with Global Sources".
- ^ "Global Sources vs Alibaba и 1688: где найти надежных поставщиков качественных товаров?". svoivkitae.com (in Russian). Retrieved 28 November 2024.
- "Global Sources Ltd". Forbes. Archived from the original on 28 July 2014. Retrieved 18 November 2013.