News this week: Earlier this week,
Hong Kong-listed China.com
reported its quarterly results
ended 30th September 2013.
TTG Media, a subsidiary focused on the travel
media segment, recorded revenues of US$2.4 million – a decrease of 18%
compared to the same period in 2012.
During the quarter,
the company cancelled an exhibition in India, due to low participation of domestic
Indian exhibitors. In the same quarter, the company also organised a profitable
exhibition in Singapore, the Singapore Gifts Show and produced two special publications, TTG Show Daily: PATA Travel Mart, and TTG mice Planner.
Overall revenues in the quarter at China.com were US$4.4
million, down 2.9% compared to
the same quarter in 2012. In the
period, TTG accounted for about 55%
of China.com’s revenues, while other revenues were generated from China.com’s
Internet portal business.
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