Quick takes

Alibaba stays quiet about 11.11 stats

Alibaba’s management used to spend much of November pushing coverage of its always incredible sales and revenue stats from is 11.11 one-day sales festival, but both JD.com and Alibaba have started a new holiday tradition by staying very quiet about revenues from the event. The Register has a good summary of what happened on 11.11.

UFI’s Global Congress in Vegas a strong success

In case you missed it, UFI’s first-ever Global Congress held in the U.S. attracted 500 delegates from over 50 countries. At the congress, UFI announced that it would establish a new North American chapter. UFI now operates five chapters: Asia-Pacific, Central & South America, Europe, Middle East & Africa, and North America.

IEG posts post of €9.6m in Q3

Led by former UFI President, Corrado Peraboni, IEG Group reported revenues of €152m and a net profit of €9.6m. IEG is increasingly focused on Asia. Recent shows included CARA – Cafè and Restaurant Asia (an F&B event), and SIJE – the Singapore Jewelry Expo.

RX’s in-cosmetics Asia attracts 40% international buyers

While still rather small, RX’s in-cosmetics Asia managed to attract nearly 12,000 buyers of which 40% were international. RX reported that there were over 580 exhibitors at the event which was held at BITEC in Bangkok.