Important new Tracker report released

PRESS RELEASE

BSG releases ranking of publicly-listed Asian B2B media companies

Hong Kong, 14^th January: Business Strategies Group (BSG), the only consultancy in Asia specialising in B2B media and events, has released a new report covering all publicly-traded Asian B2B media companies. The report ranks 25 companies by revenue, gross profit and market capitalisation. It also provides profiles of all 25 companies featuring key financial metrics, the share price performance over the past 12 months and other data such as key shareholders and core business description.

In terms of revenues, Pico Far East, which provides marketing, logistical and advertising services to exhibition organizers, is the largest with revenues of US$231 million. Alibaba.com is a new-comer to BSG’s ranking. The company debuts in the number two position with revenues of US$176 million in 2006. The Hong Kong Trade Development Council (HKTDC) with revenues of nearly US$173 million for its publishing and exhibitions activities ranks third. Xinhua Finance (US$167 million) and Global Sources (US$156 million) round out the top five.

As of 8 January, the market capitalization of the top 25 companies ranges from Alibaba.com’s US$16.8 billion down to Hong Kong-listed CCID Consulting which has a market capitalization of just US$7.7 million. Three companies have a market cap of over US$1 billion – Alibaba.com, Baidu (US$11.4 billion) and Global Sources (US$1.1 billion). Surprisingly, Shenzhen-listed Zhejiang Netsun with revenues of just US$8 million ranks fourth with a market cap of US$604 million. NASDAQ-listed Xinhua Finance Media completes the top five with a market capitalization of US$383 million.

BSG Principal, Paul Woodward, commented “we expect the top five companies to continue to expand rapidly. Both Alibaba.com and Xinhua Financial recently completed IPOs and BSG anticipates that both companies will pursue acquisitions as a means of growth. Meanwhile, Global Sources is also aggressively expanding its successful series of sourcing trade shows in new locations such as Dubai and India.”

This BSG report was distributed on 10^th January to BSG subscribers of its Asian Business Media Tracker service. It is also available for purchase on a stand-alone basis.

ENDS