ABEA forms strategic partnership with IAPCO

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Australia, 10th April: The Australian Business Events Association (ABEA) announced a strategic partnership with the International Association of Professional Congress Organisers (IAPCO) to bring benefits members of the two organisations.

Under the partnership, it will strengthen the global meetings and events industry through enhanced knowledge-sharing, increased visibility, and collaborative opportunities.

A Memorandum of Understanding (MOU) was formed under the partnership which will last for three years. Key activities will include Membership Value-Add, Knowledge-Share Collaboration, and White Papers and Research.

Melissa Brown, CEO of ABEA, said, “We are delighted to partner with the IAPCO. Our collective efforts will provide our members with exceptional value, critical industry knowledge, and the ability to connect on a global scale. There is so much knowledge to be shared. The more efficient we can share experience and knowledge across the globe, the easier it will be for our members to keep up to date with the latest developments.”

Shenyang New World EXPO targets global business

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Shenyang, 7th April: Shenyang New World EXPO lost 40% of government-led events last year. The newly-appointed General Manager, John Chan, has brought a new policy, targeting international business.

According to John Chan, local governments has recognised the importance of the convention and exhibition industry, serving as a catalyst for regional economic development, provides significant social benefits, enhancing a city’s visibility and influence, and promoting cultural exchange and integration.

The venue will shift away from government dependency and toward global business; therefore, the venue is betting big on cross-border partnerships.

John Chan explained, “In recent years, the domestic economy has encountered numerous challenges, particularly due to a continuously sluggish real estate market that has caused funding shortages in related supply chains, reduced investment enthusiasm among businesses, and weakened consumer confidence, all of which have negatively impacted the overall economic environment.”

SEEC Media down in revenues, but up in profits

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Hong Kong, 31st March: Last week, SEEC Media, a Chinese B2B media group, released its financial results for the year ended 31st December 2024. Total revenues in the year were US$3.9 million, a decrease of 21% year-on-year. However, the company narrowed its loss from US$4.8 million in 2023, down to US$3.7 million in 2024.

About 67% of SEEC’s revenues were generated from its advertising services income, amounting to US$2.6 million. This segment dropped 24% year-on-year. The remaining revenues were generated from its Interest income from loan receivables, at US$1.3 million, which posted a decline of 14% from the previous year.

The company attributed the decrease in revenues to the negative impact on global economy caused by the trade war between the U.S. and China, and also the rapid development of the Internet economy in China over the past few years.

CCID’s profits up 26%

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Beijing, 28th March: CCID Consulting, a research and information service provider in China, recently announced its financial results for 2024. Revenues were US$41 million, up 8.5% year-on-year. The company’s net profit grew 26%, amounting to US$11 million. Earnings per share in the year were RMB 0.1109 (US$0.015).

More than 56% of CCID’s revenues were generated from its decision-making consulting services, amounting to US$23 million. This segment increased by 5.5% year-on-year. Its second largest business segment was its science and technology innovation platform services, generating revenues of US$13 million which accounts for 31% of the company’s total revenues. This segment posted an increase of 9.1% year-on-year. The remaining revenues were generated from its data platform services (US$5.3 million), which rose 22% over the previous year.

The company has implemented its Business 3.0 strategy, promoting the innovative integrated services of “Research + Consulting + Implementation” and digital empowerment services, exploring the business layout under the 15th Five-Year Plan, and enhancing its brand influence. In the coming year, the company will continue to develop and solidify its Business 3.0 strategy, focusing on the two major customer groups, exploring new growth in both the government and enterprise sectors, and continuing to enhance its technological attributes.

Quick takes

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VNU AP launches Travel & Tech Asia 2025

VNU Asia Pacific (VNU AP) announced the launch of Travel & Tech Asia 2025, taking place at Queen Sirikit National Convention Centre (QSNCC), from 2nd to 3rd July 2025. The event, the region’s premier travel technology and innovation conference, will provide a platform for key stakeholders from both the public and private sectors to explore the future of travel, hospitality, and tourism through the lens of digital transformation. The event will feature six core conference themes, highlighting the most important trends and innovations transforming the travel industry.

15,000 buyers at HKTDC’s twin lighting fairs

The Hong Kong Trade Development Council (HKTDC) concluded its Smart Lighting Expo and Hong Kong International Lighting Fair (Spring Edition), welcoming about 15,000 buyers from 108 countries and regions. Running from 6th to 9th April 2025, at the Hong Kong Convention and Exhibition Centre (HKCEC), the twin fairs featured some 1,000 exhibitors, presenting innovative and eco-friendly lighting solutions to enhance smart living and promote sustainability, under the theme of “Go Smart, Live Green”.

VisionChina2025 (Shanghai) attracts 72,000+ visitors

Organised by the Machine Vision Industry Union of ZGC (CMVU) and hosted by Messe München Shanghai Co., Ltd. VisionChina (Shanghai) 2025 concluded at Shanghai New International Expo Centre (SNIEC), from 26th to 28th March 2025, bringing together high-quality enterprises and professionals in machine vision. Nearly 300 exhibitors from 13 countries and regions showcased at the event, attracting a total of 72,417 visitors.

TechTarget and Demandbase announce partnership

Informa TechTarget, a global growth accelerator and leading provider of intent data & insights to the B2B technology sector, announced a strategic partnership with Demandbase, a leading account-based GTM platform for B2B enterprises, helping mutual customers drive better business outcomes and ROI from account-based marketing (ABM) initiatives. The partnership will strengthen AMB and sales intelligence enabling both sales and marketing to focus their efforts on accounts with real buying intent and members of the buying group.