Quick takes

Hyve will exit the Russian market

This is a significant decision since the Russian market accounted for approximately 30% of Hyve’s pre-COVID revenues.

New SACEOS’ leadership elected

Congratulations to Richard Ireland of Clarion Events as he is the newly-elected president of SACEOS for a two-year term. All of the other elected positions are listed in the link below.

Alibaba increases share buyback programme

China’s tech giants have been hammered by Beijing’s ongoing crackdown on the sector. Alibaba is going to spend an incredible US$25 billion to repurchase its shares.

AIME is back in-person

It is good to see Australian events getting back to business. Congratulations to Matt Pearce and Talk2 Media & Events for organising 14,000 meetings at AIME in Melbourne this week.