Revenue at Reed Exhibitions down 70%

RELX announced this week that revenues from its exhibition business fell 70% in the first nine months of the year. The full year loss from exhibitions is expected to be between £170 million and £210 million. On the plus side, exhibitions account for just 5% of RELX’s revenues.

Alibaba buys stake in Chinese supermarket

The Alibaba Group does so many deals that is it often easy to overlook them – even deals worth US$3.6 billion.

Nancy Walsh shares views on digital fashion platform

Informa Market’s Nancy Walsh provides some interesting details and statistics on the launch of their digital platform for Coterie.

Chinese hotel occupancy nearly at pre-pandemic levels

A good, long-ish article from McKinsey on the impressive rebound of domestic travel in China. A mostly optimistic, encouraging story.