Global Sources has announced acquisition of Beijing-based Blue Bamboo China Ventures along with the fact that the company’s founder Tom Melcher and his team is expected to join “as part of Global Sources’ online expansion in China”. Melcher will lead a new division focused on Chinese online media efforts.

Blue Bamboo has developed four web sites providing information about home renovation, overseas study, weddings and parenting to urban Chinese consumers. Source: Global Sources press release

BIIA Newsletter September – 2007 Issue