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Global Sources Limited
 |
| Type |
Public |
| Founded |
Hong Kong (1970) |
| Headquarters |
Hong Kong,
SAR, China |
| Key people |
Merle A. Hinrichs, Founder, Chairman and
CEO, Sarah Benecke, Executive Director, Craig Pepples, Chief
Operating Officer, Eddie Heng, Chief Financial Officer |
| Industry |
E-commerce, Publishing, Trade
shows |
| Revenue |
US$182.1 million (Dec. 31, 2007) |
| Employees |
2500, in more than 44 locations
worldwide |
| Website |
www.globalsources.com |
Global Sources (Chinese: 环球资源)
is a Hong-Kong based business-to-business (B2B) media company. It
facilitates trade from Greater China to the world, using a wide
range of English-language media and facilitates trade from the
world to Greater China, using Chinese-language media. The company
provides sourcing information to volume buyers and integrated
marketing services to suppliers. In addition, Global Sources
verifies the quality of the manufacturer.
Founded in November 1970 by Merle A. Hinrichs and C.
Joseph Bendy as Trade Media Ltd., the company’s first publication –
Asian Sources magazine was launched three months later.
The stated vision of the two founders was that global trade was a
means of transcending national and cultural differences in order to
further world peace.
At the end of 1973, the company’s first spin-off publication -
Asian Sources Electronics appeared. More industry-specific
titles were added as the company grew.
Global Sources launched its China Sourcing Fairs in 2003. Since
then, these specialized export fairs have brought together
international buyers with China exhibitors.
In 1996, Global Sources began to make supplier information
available on the Internet. Today, Global Sources provides over
803,000 active buyers with information on 4.3 million products and
more than 196,000 suppliers annually through [1][2]--
- Global Sources Online marketplaces that allow
buyers to contact manufacturers directly for inquiries and
purchases.
- Global Sources Magazines
offering readers industry-specific news and product information. Website
- China Sourcing Reports
that provide research based on in-person, phone and/or email
interviews with senior executives and export managers and covering
industries from electronics to fashion accessories.
- Trade shows -- including China Sourcing Fairs; Wal-Mart,
Best Buy, Samsung and Carrefour are among the buyers that make use
of the company’s trade services.
Until 2008, Global Sources also offered direct-from-china ecommerce / wholesale under the brand "Global Sources
Direct". This operation was shut down voluntarily by the group.
[3]
Revenue
Global Sources, which is listed on the NASDAQ exchange (Symbol: GSOL), derives revenue
from its online, print and trade show offerings. For the year ended
Dec. 31, 2007, revenue was US$182.1 million.[4]
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