Global Sources
{{Short description|Hong Kong multichannel media company}}
{{EngvarB|date=July 2014}}
{{Use dmy dates|date=November 2020}}
{{Infobox company
| name = Global Sources Limited
| logo = Global Sources logo.gif
| logo_size = 175px
| type = Public
| genre =
| foundation = {{start date|1971}}
| founder = Merle A. Hinrich
| location_city = Hong Kong
| location_country = China
| location =
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| key_people = Hu Wei, CEO
| industry = E-commerce, Publishing, Trade shows
| products =
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| owner = Blackstone
| num_employees =
| parent = Clarion Events
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}}
Global Sources ({{zh|c=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,{{Cite web|title=Global Sources Exhibitions: Specialized Trade Fairs in HK|url=http://globalsources.com/exhibitions|access-date=2020-10-06|website=globalsources.com}} online marketplaces, the management magazine Chief Executive China,{{Cite web|title=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|url=http://www.ceconline.com/|access-date=2020-10-06|website=www.ceconline.com}} 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{{Cite web|title=2020 Global Sources Electronics Indonesia: New show in Jakarta!|url=https://www.globalsources.com/TRADESHOW/INDONESIA-ELECTRONICS.HTM|access-date=2020-10-06|website=www.globalsources.com}} 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,{{Cite web|title=Global Sources Exhibitions|url=https://www.globalsources.com/TRADESHOW/CSF/REDIRECT.HTM|access-date=2020-10-06|website=www.globalsources.com}} which bring international buyers face-to-face with suppliers. Specialized shows take place in Hong Kong,{{Cite web|title=Global Sources - Press Release - Dec 5, 2019|url=http://www.corporate.globalsources.com/INFO/PRESS/2019/ART1205.HTM|access-date=2020-10-06|website=www.corporate.globalsources.com}}
- Private sourcing events, which create opportunities for pre-selected suppliers to meet privately with buyers representing retail chains.{{cite web|url=http://www.prnewswire.com/news-releases/global-sources-private-sourcing-events-see-strong-buyer-and-supplier-support-in-2012-despite-uncertain-economic-conditions-184219871.html |title=Global Sources' Private Sourcing Events see strong buyer and supplier support in 2012 despite uncertain economic conditions |accessdate=25 November 2013}}{{cite web|url=http://www.chinascopefinancial.com/en/news/post/6078.html |title=New Buyers at Private Sourcing Events Double in First Half of 2011 |accessdate=25 November 2013}}{{cite news|url=https://www.bloomberg.com/apps/news?pid=conewsstory&tkr=GL3:GR&sid=aCvgDrhHCtHk |title=Global Sources to hold 15 Private Sourcing Events for world retailers with US$665 billion in annual sales |accessdate=25 November 2013 |work=Bloomberg}}
- Global Sources online marketplaces,{{Cite web|title=Global Sources Online Marketplaces|url=https://www.globalsources.com/|access-date=2020-10-06|website=www.globalsources.com}} which allow buyers to contact manufacturers directly for inquiries and purchases.
- Chief Executive China,{{Cite web|title=Global Sources - Chief Executive China presents its 15th anniversary special edition|url=http://www.corporate.globalsources.com/FEATURES/PEDP/CEC15.HTM|access-date=2020-10-06|website=www.corporate.globalsources.com}} which feature thousands of informative supplier advertisements. Each of the 16 industry titles provides reports on new products and trends in sourcing. Print, digital{{cite web|url=http://www.prweb.com/releases/global-sources/trade-magazines/prweb2141884.htm |archive-url=https://web.archive.org/web/20090224230528/http://www.prweb.com/releases/global-sources/trade-magazines/prweb2141884.htm |url-status=dead |archive-date=24 February 2009 |title=Global Sources Introduces e-Magazines |accessdate=26 November 2013}} and mobile app{{cite web|url=https://itunes.apple.com/us/app/global-sources-magazines/id514818256 |archive-url=https://web.archive.org/web/20120604060450/http://itunes.apple.com/us/app/global-sources-magazines/id514818256? |url-status=dead |archive-date=4 June 2012 |title=Global Sources Magazines on Apple App Store |accessdate=26 November 2013}}{{cite web|url=https://play.google.com/store/apps/details?id=com.globalsources.Android |title=Global Sources Magazines on Google Play Store |accessdate=26 November 2013}} editions are available.
In February 2018, UK-based Clarion Events (owned by The Blackstone Group) completed its acquisition of Global Sources supported by Blackstone.{{Cite web | url=https://www.blackstone.com/media/press-releases/clarion-events-completes-merger-with-global-sources | title=Clarion Events completes merger with Global Sources}}
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
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.{{Cite web |title=Global Sources vs Alibaba и 1688: где найти надежных поставщиков качественных товаров? |url=https://svoivkitae.com/global-sources |access-date=2024-11-28 |website=svoivkitae.com |language=ru}}
References
{{Reflist}}
- {{cite news|url=https://www.forbes.com/companies/global-sources-ltd/financial/GSOL/ |archive-url=https://web.archive.org/web/20140728192750/http://www.forbes.com/companies/global-sources-ltd/financial/GSOL/ |url-status=dead |archive-date=28 July 2014 |title=Global Sources Ltd |work=Forbes |accessdate=18 November 2013}}
Category:1970 establishments in Hong Kong
Category:Companies listed on the Nasdaq
Category:Mass media companies of Hong Kong