Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Europe's largest tech conference to return as in-person event in 2021

Published 11/25/2020, 12:47 PM
Updated 11/25/2020, 01:15 PM
© Reuters. FILE PHOTO: Web Summit's co-founder Paddy Cosgrave, Lisbon's Mayor Fernando Medina and Portugal's Prime Minister Antonio Costa react during the inauguration of Web Summit, Europe's biggest tech conference, in Lisbon

By Catarina Demony

LISBON (Reuters) - Europe's biggest technology conference, the Web Summit, will return to Lisbon in full force as a massive in-person event in 2021 after the coronavirus pandemic forced it to go fully online this year.

"The venue is booked," the conference's founder Paddy Cosgrave told Reuters on Wednesday in an interview. "I think by November (next year) the Web Summit will be happening in-person and I can't wait."

The event, which moved from Dublin to the Portuguese capital in 2016, attracts about 70,000 participants every year, drawing speakers from leading global tech companies and startups, as well as politicians.

But due to the outbreak, which has forced the cancellation or postponement of many major events, this year's Web Summit will be held online next week.

It will be able to host 100,000 attendees online on its own conference platform and hundreds of speakers will join the event, including the head of the European Commission and chief executives of big firms, such as Zoom.

Without revealing names, Cosgrave said next year some of the world's biggest conferences will take place on the pricey platform created by the Web Summit, with one paying a fee of 6.5 million euros to use it.

In 2021 the Web Summit hopes to welcome 70,000 attendees to Lisbon plus up to 80,000 online, mixing in-person and virtual experiences as a way to attract more people, from more places.

"I have no doubt it will be just great to get everyone back to Lisbon," Cosgrave said, adding people who live in places such as in Japan or New Zealand would be more likely to attend because of the online option.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

On Tuesday evening, Cosgrave announced on Twitter there will be a South American Web Summit in 2022 in either Rio de Janeiro or Porto Alegre in Brazil.

"Brazil is an absolutely fantastic, thriving country," Cosgrave said. "Holding each year, in the build up to November's Lisbon Web Summit, events in key regions of the world is a good idea."

(This story refiles to fix repetition in headline)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.