Published in July 22nd, 2008
The WTO agreed with complaints by the US, EU and Canada that China violated trade rules with tariffs placed on auto parts.
The three complainants said the surcharge, equivalent to the tariff on imports of complete cars, exceeded China’s permitted tariff ceiling for car parts and broke WTO rules. The duty on complete cars is typically [...]
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Published in July 22nd, 2008
Interesting news from Pacific Epoch today which I have pasted below for your convenience:
The Beijing Administration for Industry & Commerce (BAIC) may cancel e-commerce regulations initially scheduled for an August 1 release, reports Weaseek.com quoting an unnamed insider. According to the report, Internet inspector Lv Bowang along with 90% of Internet users have voiced opposition [...]
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Published in July 16th, 2008
For those of you who did not read my June 17th post and still don’t know Taobao.com it is China’s version of eBay and commands 81.5% market share of China’s online retail market with over US$14 billion in gross merchandise value expected this year.
Alibaba Group, which initially developed Taobao.com with Softbank, owns 100% of the [...]
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Published in June 17th, 2008
I wrote back in May about Alibaba Group and its many well positioned assets that make this still private company one to watch as it is highly unlikely that anyone will beat them.
Pacific Epoch has shared the latest China Internet Network Information Center (CNNIC) online shopping statistics for 1H-08 and Alibaba Group’s Taobao.com continues to [...]
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Published in June 17th, 2008
As stated in my June 13th posting on TradeMediaBlog, Yahoo! is now partnering with Google and Eric Schmidt and his boys are laughing all the way to global domination.
A few related articles that you may find of interest:
New York Times - Oh Jerry, It’s No Longer Your Baby
TechCrunch - NYTimes Article Reverberates Through Yahoo; Who’s [...]
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Published in June 13th, 2008
Looks like the boys at Microsoft have finally walked away from Yahoo! after Jerry Yang tried to get them to revive their last takeover bid of US$47.5 billion.
Yahoo said Microsoft “unequivocally” rejected the notion of buying the entire company in a meeting held Sunday.
Now what?
Well, the company’s annual meeting is August 1st where they will [...]
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Published in June 6th, 2008
I am often asked what is trade media? What industry do you serve?
Simply, trade media is the underlying media supporting global trade. From bricks-and-mortar publishing and online sourcing communities to large export-oriented trade events as well as the many third-party services supporting an international trade transaction - all of these businesses are involved in trade [...]
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Published in June 1st, 2008
For those of you involved in import-export, you are definitely feeling the pain as global economies continue to punish us with a low value U.S. dollar and swelling inflation.
For many trade media companies, this is also proving to be an incredibly tough sales period. While speaking with one of TradeMediaBlog’s partners, they admitted that they [...]
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Published in May 23rd, 2008
Global Sources released their Q1-08 earnings on May 22nd and the numbers look good.
- Revenue was $40.6 million, up 16% from $34.9 million.
- Online revenue was $21.9 million, up 27% from $17.3 million.
- Exhibitions revenue was $6.0 million, up 24% from $4.8 million.
- Print revenue was $11.6 million, down 1% from $11.8 million.
- Revenue from [...]
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Published in May 21st, 2008
While the trade media industry is filled with hundreds (if not thousands) of companies copying the original B2B online trade marketplace business model established by Global Sources in 1995, it is refreshing to see a unique player building marketshare in this space.
MFG.com is a B2B online trade marketplace focused on manufacturing. The site supports over [...]
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