Research and Markets: Tracking of Listed B2B Media Companies in Asia
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/e00c48/tracking_of_listed) has announced the addition of the "Tracking of Listed B2B Media Companies in Asia" report to their offering. This is the fifth edition of this BSG report which is published semi-annually. It tracks the financial performance of the top Asian B2B media companies that are publicly-listed or publish reliable financial figures. In the tables that comprise this report, BSG has published all available and relevant information. We will update the profiles as more financial data is published. The companies in this report operate on three different financial calendars ending on 31st March, 31st October or 31st December. As a result, the revenues and gross profits of some companies are not as up-to-date as others. Consequently, the rankings can change significantly as a number of these companies are growing quickly. Baidu, the rapidly growing Chinese search engine, surged past Alibaba.com, Pico and Xinhua Finance to seize the number one ranking in terms of revenues. Baidu posted revenues of US$469 million in 2008 compared with US$240 million the year before. Second place is held by Alibaba.com, another company with fast growing revenues. Alibaba.com recorded revenues of US$440 million in 2008 (vs. revenues of US$298 million the year before). Hong Kong-listed Pico Far East generated revenues of just under US$340 million or if the business of its Thai subsidiary is included in the total, Pico had revenues of US$369 million. Fourth place is held by Xinhua Finance with revenues US$279 million, while Global Sources ranked fifth with revenues of just under US$207 million. It is important to note, however, that over the last year Xinhua Finance has sold off many of its key subsidiaries. As a result of those asset disposals, Xinhua Finance's management is now forecasting 2009 revenues to plummet down to US$34 million. Consequently, in the next edition of this report, BSG expects Global Sources to move into fourth place. Only four other companies generated revenues of more than US$100 million. They are Tokyo-based Impress Holdings (US$186.3 million), Xinhua Sports & Entertainment (US$186 million), the Hong Kong Trade Development Council (US$180 million) and UBM Asia (formerly CMP Asia) with revenues of US$134 million Companies Mentioned: * Alibaba.Com * Baidu * Business Online * Business Media China * CCID Consulting * China Finance Online * China.Com * CMP Asia * Cybermedia * Global Sources * HC International * Hong Kong Trade Development Council * Impress Holdings * Info Communication * Infomedia * Lexicon Group * Ninetowns * Pico Far East * Pico Thailand * Seec Media * Sino Resources (Formerly Kenfair) * Television Eighteen India * Xinhua Finance * Xinhua Finance Media * Zhejiang Netsun For more information visit http://www.researchandmarkets.com/research/e00c48/tracking_of_listed Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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