Koelnmesse restructures leadership in Asia

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Singapore, 19th November: International exhibition organiser, Koelnmesse, announced to strengthen its presence across the Asia-Pacific region (APAC), with a new leadership structure and expanded strategic oversight.

Mathias Küpper has been appointed as Koelnmesse’s first Region President APAC, effective 1st December 2025. In the new role, he will lead the company’s regional alignment from Singapore, driving the strategic development of existing trade fairs and launching new events in the region. He will also oversee Expolink Global Network Ltd., Koelnmesse’s joint venture, and operational activities in Thailand and Singapore.

At the same time, Michiel Kruse will head Koelnmesse’s Hong Kong office and will also continue managing Koelnmesse’s Chinese offices in Beijing, Shanghai and Guangzhou.

Mathias Küpper was quoted, “Koelnmesse has significantly expanded its portfolio in Asia in recent years, establishing strong positions for leading trade fair brands in dynamic markets. Our goal is to further strengthen regional collaboration and unlock new opportunities for growth alongside our local teams.”

Baidu posts loss in Q3

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Beijing, 18th November: Earlier this week, Baidu, the leading Chinese language Internet search provider, released its financial results for the quarter ended 30th September 2025. Revenues in the quarter were US$4.4 billion, a decrease of 7% year-on-year. The company posted a net loss of US$1.6 billion in the quarter, compared with a net profit of US$1.1 billion in the third quarter in 2024.

Revenues from Baidu’s core business were US$3.5 billion in the quarter, dropped 7% year-on-year. The majority of those revenues (US$2.2 billion) were generated from its online marketing business, which decreased by 18% year-on-year. However, Baidu’s non-online marketing businesses grew 21% in the same period, reaching at US$1.3 billion. According to the company, the growth was mainly driven by AI Cloud business.

Robin Li, Co-founder and CEO of Baidu, commented, “In the third quarter, we demonstrated AI’s transformative value across our portfolio. AI Cloud maintained solid growth momentum, driven by broadening enterprise adoption of our AI products and solutions. Apollo Go significantly accelerated the scaling of its fully driverless operations and kept advancing global expansion, including entry into Switzerland, all while maintaining industry-leading safety standards. In our Mobile Ecosystem, AI-native monetization products such as agents and digital humans delivered rapid revenue growth, showing strong long-term potential. We will continue pioneering AI innovations that create substantial value for users, enterprises, and society, cementing our leadership in the AI era.”

GCCEC hosts 29 events in first quarter

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Gold Coast, 12th November: The Gold Coast Convention and Exhibition Centre (GCCEC) hosted 29 events, welcoming 85,000 delegates in the first quarter of the financial year 2025-2026, generating an estimated A$131 million (US$85.5 million) in economic impact for the city.

According to GCCEC, the venue posted a growth in conferences and exhibitions from knowledge-based sectors during the quarter. In addition, the venue also served the local community by hosting public events.

Nick Jeffrey, general manager of GCCEC, stated, “A strong first quarter sets the tone for the year ahead, and we’re proud to play our part in showcasing the Gold Coast. Every event hosted brings visitors, opportunities, and investment, creating a lasting legacy well beyond the Centre’s walls.”

Quick takes

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150,000 visits at Industrial Fair Network 2025

Industrial Fair Network 2025 (TIFN 2025) concluded at the Shanghai New International Expo Centre (SNIEC), attracting some 150,000 trade visits. Running from 28th to 31st October 2025, the event included nine specialised trade fairs: PTC ASIA, CeMAT ASIA, ComVac ASIA, APEX, E-pack Tech, FBC, Cold Xpo, ISA and Freight Vehicle. Over 3,400 domestic and international enterprises were showcased at the event, occupying an exhibition area of nearly 240,000 m2.

213 exhibitors at ProWine Mumbai 2025

ProWine Mumbai 2025, and India’s wine, spirits and hospitality event, was held at the Jio World Convention Centre, brining a total of 213 exhibitor from 21 countries. Nearly 5,500 trade visitors attended the event, including importers, distributors, retailers, hoteliers, restaurateurs, sommeliers and media.

IEG up 6.3% in revenues

Italian Exhibition Group (IEG) has recently released its interim management statement as of 30th September 2025. Revenues were €191 million (US$224 million), an increase of 6.3% year-on-year. However, profit dropped 23% during the six-month period, down to €16 million (US$19 million). The company attributed the revenue growth to the development of its flagship events and the conference division.

Informa TechTarget releases Q3 performance

Last week, Informa TechTarget released its financial results for the quarter ended 30th September 2025, reporting revenues of US$122 million, up 1% year-on-year, which reflected continued robust performance in Intelligence & Advisory and improving momentum in Brand to Demand. In terms net income, the company posted a net loss of US$77 million, compared with a loss of US$20 million in the same quarter in 2024, due to the impact by technical non-cash impairment reflecting difference between market capitalization and book value at the end of Q3.