EventX Raises US$10M and Forms Strategic Alliance With HTC VIVE to Redefine Virtual Event Experiences
Summary
As the pandemic continues to disrupt offline exhibitions and trade shows, EventX’s online and hybrid virtual technology is uniquely positioned to help businesses of different scales draw customers and expand connections over China and around the world.” The Covid-19 health pandemic has drastically curtailed travel and how people spend time in crowded places, decimating the wider event industry, estimated to be worth more than $1 trillion annually before Covid, in its wake. A comparable company in the UK called Hopin has raised $565 million and is valued at USD5.65 billion in just two years, making it Europe’s fastest-growing startup of all time. The strategic alliance with EventX illustrates HTC VIVE’s continuous efforts in providing people and enterprises with the tools to meet, socialize, and learn in VR and beyond. Founded in Hong Kong in 2014, EventX is one of Asia’s leading providers of digital event management solutions for enterprise businesses. It allows companies to multi-host virtual events of any kind with innovative features such as interactive exhibition halls, online registration forms and webinars.
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