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Global Sources

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Global Sources Limited
Company typePublic
IndustryE-commerce, Publishing, Trade shows
Founded1971 (1971)
FounderMerle A. Hinrich
Headquarters
Hong Kong
,
China
Key people
Hu Wei, CEO
OwnerBlackstone
ParentClarion 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.

References

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  1. ^ "Global Sources Exhibitions: Specialized Trade Fairs in HK". globalsources.com. Retrieved 6 October 2020.
  2. ^ "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.
  3. ^ "2020 Global Sources Electronics Indonesia: New show in Jakarta!". www.globalsources.com. Retrieved 6 October 2020.
  4. ^ "Global Sources Exhibitions". www.globalsources.com. Retrieved 6 October 2020.
  5. ^ "Global Sources - Press Release - Dec 5, 2019". www.corporate.globalsources.com. Retrieved 6 October 2020.
  6. ^ "Global Sources' Private Sourcing Events see strong buyer and supplier support in 2012 despite uncertain economic conditions". Retrieved 25 November 2013.
  7. ^ "New Buyers at Private Sourcing Events Double in First Half of 2011". Retrieved 25 November 2013.
  8. ^ "Global Sources to hold 15 Private Sourcing Events for world retailers with US$665 billion in annual sales". Bloomberg. Retrieved 25 November 2013.
  9. ^ "Global Sources Online Marketplaces". www.globalsources.com. Retrieved 6 October 2020.
  10. ^ "Global Sources - Chief Executive China presents its 15th anniversary special edition". www.corporate.globalsources.com. Retrieved 6 October 2020.
  11. ^ "Global Sources Introduces e-Magazines". Archived from the original on 24 February 2009. Retrieved 26 November 2013.
  12. ^ "Global Sources Magazines on Apple App Store". Retrieved 26 November 2013.
  13. ^ "Global Sources Magazines on Google Play Store". Retrieved 26 November 2013.
  14. ^ "Clarion Events completes merger with Global Sources".