About Global Sources
Global Sources is a company based in Hong Kong (China) founded in 1970 by Merle A Hinrich was acquired by Blackstone in May 2017.. The company has 12 employees as of April 04, 2024. Global Sources operates in a competitive market with competitors including Alibaba, JollyChic, Aliexpress, Peeba and Ymatou, among others.
- Headquarter Hong Kong, China
- Employees 12 as on 04 Apr, 2024
- Founders Merle A Hinrich
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Global Sources Exhibitions & Events (India) Private Limited
- Date of Incorporation 28 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$129.62 (USD)8.63as on Mar 31, 2022
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Net Profit
$9.62 (USD)9.72as on Mar 31, 2022
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EBITDA
$16.22 (USD)25.5as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
12
as on Apr 04, 2024
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Acquired by
Blackstone
(May 25, 2017)
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Funding Insights of Global Sources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Global Sources
Global Sources has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blackstone. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Global Sources
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Global Sources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Global Sources Comparisons
Competitors of Global Sources
Global Sources operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alibaba, JollyChic, Aliexpress, Peeba and Ymatou, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce platforms for retail and wholesale are operated internationally.
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| domain | founded_year | HQ Location |
Multi-category consumer products are retailed online by JollyChic.
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| domain | founded_year | HQ Location |
Operates an online cross-border marketplace for a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Multi-category products are facilitated via an online B2B cross-border marketplace.
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| domain | founded_year | HQ Location |
Cross-border B2C e-commerce for Chinese consumers is facilitated.
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| domain | founded_year | HQ Location |
Operation management software solutions are provided for e-commerce businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Global Sources
Frequently Asked Questions about Global Sources
When was Global Sources founded?
Global Sources was founded in 1970.
Where is Global Sources located?
Global Sources is headquartered in Hong Kong, China.
Who is the current CEO of Global Sources?
Hu Wei is the current CEO of Global Sources.
How many employees does Global Sources have?
As of Apr 04, 2024, the latest employee count at Global Sources is 12.
What is the annual revenue of Global Sources?
Annual revenue of Global Sources is $129.62 as on Mar 31, 2022.
What does Global Sources do?
Global Sources was established in 1970 in Hong Kong, China, as a B2B marketplace platform. Operations focus on connecting buyers and suppliers across sectors including consumer electronics, fashion, beauty, pets, hardware, gifts, home furnishings, and healthcare. The platform supports product sourcing and trade services globally, with leadership provided by founder Merle A. Hinrich and CEO Hu Wei.
Who are the top competitors of Global Sources?
Who are Global Sources's investors?
Global Sources has 1 investor. Key investors include Blackstone.
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