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UBM Acquires Global Sources’ Stake in eMedia Asia

100% ownership of the business adds attractive China International Optoelectronic Expo to UBM’s portfolio of events inChina  UBM plc (LSE: UBM) announced that it has acquired Global Sources Ltd.’s 60.1% interest in eMedia Asia Limited (“eMedia Asia”).  Following this transaction, UBM will own 100% of eMedia Asia.  The consideration for Global Sources’ 60.1% stake will be approximately USD $9.0m in cash, subject to adjustments ... Read More »

Yelp Launches in the Philippines to Expand Asia Presence

Yelp Inc. (NYSE: YELP) announced the launch of Yelp Philippines (http://www.yelp.com.ph). Beginning today, people across the Philippines are able to read reviews about great local businesses and create accounts on Yelp.com.ph to share their opinions. Yelp’s free iPhone and Android apps will be available as well as its free suite of business owner tools: Yelp for Business Owners (http://biz.yelp.com.ph). Source: Prnewswire.com Read More »

Opening Information Markets in Asia

A delegate of 60 executives came together last month at Outsell’s exciting first event focused on doing business in Asia, and co-produced with the region’s leading association, Business Information Industry Association (BIIA) Important Details: Leading-edge thought leaders blazing information industry trails in the far east came together last month at the Regent Singapore at Outsell’s event [1] to compare practices, ... Read More »

HC International’s Revenue and Profit Down in Q1 2015

HC International announced Revenues were US$34 million, a decrease of 5.5% compared with the same quarter last year. Profit in the quarter also recorded a drop falling 41% down to US$4.0 million.  Diluted earnings per share in the period were RMB 0.0365 (US$0.0059). Almost 80% of the Beijing-based company’s revenues were generated from online services amounting to US$27 million. This ... Read More »

Reuters Website Blocked in China

Reuters reported that its news websites, including those in English and Chinese, were inaccessible in China last Friday.  It was not immediately clear why users were hindered from using the Reuters sites. The websites of Bloomberg News, the New York Times and News Corp’s Wall Street Journal have all been inaccessible in China for some time.  They usually have at times become ... Read More »

Rocket Fuel Full Year 2014 Revenues Up 70%

Rocket Fuel Inc., a leading provider of artificial intelligence and big data solutions for digital advertising, reported revenue of $139.5 million up 63% compared to $85.6 million for the fourth quarter of 2013.  Net loss was $(20.5) million, or $(0.49) per diluted share, compared to a net loss of $(2.2) million, or $(0.07) per diluted share for the fourth quarter of 2013. For fiscal year 2014 revenue was $408.6 million increased 70% compared to $240.6 ... Read More »

Penton’s EquipmentWatch Launches EquipmentWatch Intelligence

Penton’s EquipmentWatch, a world leader in heavy equipment research, and the leading provider of database information products for the heavy equipment industry, has announced the launch of EquipmentWatch Intelligence.  Hosted at http://www.equipmentintel.com, the new content arm of EquipmentWatch is focused on providing data-driven insights and analysis for contractors, governments, sellers and renters as well as finance and insurance professionals who ... Read More »

Nielsen and INTAGE Form Joint Venture in Japan

Nielsen and Japanese researcher INTAGE are forming a joint venture company called Nielsen-INTAGE DigtalMetrics, to develop cross-platform ad effectiveness solutions.  The new firm will be officially launched on 1st April. The new venture will combine the Nielsen Online Campaign Ratings solution and INTAGE’s i-ssp consumer panel data. Users in Japan will be able to analyze consumers by segments such as brand ... Read More »

Penton Launches API Store, Trailblazer for Business Decision Makers

Penton introduced a new API store, continuing its focus on user workflow tools. “We are aggressively building on our growth in data and digital with new API product introductions,” said , Chief Data Officer, Penton. “We successfully launched eight data products and see our API marketplace as a natural progression to our offerings. This strategy allows us to create fast, ... Read More »

Who are the TOP Online B2B Marketing Businesses in Asia?

BIIA co-founder member recently issued a report the Top 30 online B2B businesses in Asia.  This report provides a ranking, based on website traffic, of the Top 30 online B2B businesses in Asia. The companies broadly fall into two categories, online sourcing platforms and online trade publications. In addition to ranking the companies, this report also includes profiles of companies new ... Read More »

Penton Acquires iNET Interactive

Penton announced that it has acquired iNET Interactive, a leading event and digital information company that focuses on the booming Cloud, Hosting and Data Center segments of the technology sector.  Industry sources expect these segments to experience annual growth of 25-30% in the years ahead.  “A core element of our strategy is creating scaled positions in advantaged sectors.  This acquisition doubles ... Read More »

Tencent and Sony in Distribution Partnership

Tencent Holdings has struck the latest in a string of music distribution deals, this time with Sony Music Entertainment, as it teams up with labels to try to develop China’s paid-for music market and curb piracy. The partnership, announced on Tuesday, will give Tencent the right to distribute Sony Corp’s music catalog online in China, including artists like Daft Punk, ... Read More »