#EventX Philippines

EventX, an Asia-based enterprise virtual event management company, has closed a USD 10 million series B funding co-led by HTC and Gaocheng Capital. EventX is known as a dominant virtual event platform in Asia, especially for events that involve mainland China attendees where its unique design architecture overcomes internet firewalls to enable the service of any cross-region events. EventX includes support for in-country and cross-border events with mainland China that has successfully gained the company contracts from hundreds of the world’s biggest events industry players and brands, including Alibaba, PwC, GL Events, Informa, Reed Exhibition, Yahoo, government departments, and universities. Both the founding of this strategic alliance and the massive enthusiasm of its investors follow a year of an incredible performance by EventX — during which the company has posted YoY user growth exceeding 800% — and several years of more than 5 million satisfied attendees in over 20,000 online, hybrid and offline events. Meanwhile, in the Philippines, the events industry has been affected by the pandemic, with many live events from personal to corporate types moved or canceled altogether. This is expected to be the next big trend for the events industry in the Philippines. With EventX's unique China access and together with HTC VIVE, the company will be adopting VR and prospecting technology into the core capabilities of the event SaaS product to make it accessible and reinvent the virtual event experience. Read more in our articles including "EventX partners with HTC VIVE for virtual events, raises USD 10M" and "BIR opens Tax Payer Portal".