openPR Logo
Press release

XING totals four million members

09-10-2007 03:53 PM CET | IT, New Media & Software

Press release from: XING AG

Growth of acquired Spanish networks accelerates appreciably
- New XING functions are used by members intensively
- Current XING survey once again confirms benefits for members

Hamburg, September 10, 2007 – XING AG, operator of the international business and career network XING ( and the Spanish platforms eConozco ( and Neurona ( has exceeded the four-million-member mark as of the beginning of September 2007. The Spanish networks Neurona (with over one million members as of August 2007) and eConozco, which were acquired by XING AG, have shown particularly rapid growth in their markets. The eConozco business network, which was only acquired in March 2007, has doubled in members to more than 360,000 since its purchase by XING AG.

“Besides establishing ourselves as the market leader in Spain, we’ve expanded our competitive advantage as market leader in online business networking in the German-speaking market. In our home market, we’ve continued to ensure that XING member growth increases steadily, while other foreign networks are having a hard time getting their bearings in the demanding German-speaking market," said Lars Hinrichs, Founder and CEO of XING AG.

Apart from the acquisitions in Spain, increased member growth can also be traced to a substantial rise in the number of email invitations sent from the platform by XING members. A contact import feature and other improved functionalities introduced in the first half of 2007 led to a lasting increase in member invitation activity, further bolstering member growth. The latest XING survey "Communication and Networking on the Internet" confirms this fact: 87 percent of responding XING members have recommended the platform to friends or colleagues in conversation, while every third member did so more than six times. In turn, a recommendation from colleagues or friends was decisive in attracting 77% of responding XING members to join the platform.

XING is one of the most active business communities worldwide. For example, in August 2007, the XING technological framework successfully managed over 64 million individual connections on the platform: updating, storing and retrieving data for all XING members from contact details to profiles and search functions.

The popularity of the XING network is reflected in the frequency with which members meet in person to exchange ideas and deepen their professional networks: In the first six months of 2007 alone, over 19,500 public live events organized for XING members by XING members were held around the globe, from Beijing, Berlin, and San Francisco to New York, Paris and Zurich.

Important notice:
Cautionary note regarding forward-looking statements
This press release notice contains forward-looking statements concerning XING AG, its subsidiaries and affiliated companies as well as economic and political conditions that could influence the business development of XING AG. Forward-looking statements are based on the current views, expectations and assumptions of the management of XING AG and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. XING AG therefore does not assume any responsibility for such risks, and makes no guarantee as to the accuracy and completeness of the assumptions and estimates upon which the forward-looking statements are based, nor does the Company or its bodies ensure the correctness of the statements.


Daniela Hinrichs
VP Corporate Communications
Gaensemarkt 43
20354 Hamburg
Tel. +49 40 419131-19
Fax +49 40 419131-11

About XING:
XING makes your professional network an active part of your life. Far more than a directory of business contacts, XING enables its members to discover professional people, opportunities and privileges through its unique discovery capability and advanced contact management tools.

With the successful IPO of XING as the first Web 2.0 company to go public, XING AG has had a long-term impact on the social networking trend amongst professionals. By focusing on the target group “business people worldwide”, the Company is able to offer tailored features, thereby making networking and contact management simpler. Besides Headquarters in Hamburg, XING AG is also represented with offices in Barcelona (eConozco, Neurona), Beijing and Zurich.
XING. Powering Relationships.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release XING totals four million members here

News-ID: 27808 • Views: 1368

More Releases from XING AG

XING continues growth course
* 70% increase in EBITDA in Q1 * Two thirds of growth generated by new sources of revenue * Strongest member growth in German-speaking countries since Q1 2009 Hamburg, May 10, 2011 – In the first quarter of 2011, XING AG successfully continued the growth course set during the 2010 financial year. The market leader in German-speaking countries reported an EBITDA of €5.6 million during Q1 2011, which represents an increase of 70%
XING: Boards suggest special distribution of funds from capital reserves amounti …
Hamburg, March 30, 2011 - The Management and Supervisory Boards of XING AG, Hamburg (ISIN DE000XNG8888), have decided today to suggest paying a special distribution of funds from capital reserves amounting to €20 million to the company’s shareholders at the next AGM on May 26, 2011. The payout per share will amount to approx. €3.70. Stefan Gross-Selbeck, CEO at XING AG, said: “This special distribution of funds highlights XING’s financial
XING AG increases EBITDA by 52 percent in Q3/2010
XING AG increases EBITDA by 52 percent in Q3/2010 * EBITDA of €4.46 million - The highest operating result in the company’s history * Revenues from services up by 20 percent * 194 thousand new members in German-speaking countries Hamburg, November 9, 2010 - In Q3/2010, XING AG reported an EBITDA of €4.46 million, the company’s highest ever operating result. This in turn equates to a 52 percent increase over Q3/2009 (€2.92
XING makes successful start to financial year 2010
17 percent increase in revenue to €12.60 million - €1.3 million profit - EBITDA of €3.3 million - 23 percent increase in member numbers compared to previous year - 420,000 new members in Q1 Hamburg, May 12, 2010 - XING AG has made a successful start to the 2010 financial year with Q1 revenues of €12.60 million, which represents a 17 percent increase over figures for the same period last year (€10.75 million). This positive development

All 5 Releases

More Releases for Spanish

Preparation for Spanish exams
To learn Spanish intensively during one week means living a week full of unforgettable events Valencia. For many students it is no pleasure to think about the final exams. Everything is coming so fast, and you would just prefer to forget all about it. Am I ready for this? When do I need to start to study? Will I still have leisure time? Such questions go through your head, even though
Learning Spanish with children
A Spanish language school in Valencia organizes during Eastern holidays Spanish courses for parents and their children Valencia. The upcoming Eastern holidays offer the whole family the chance to learn the Spanish language. A Spanish school in the centre of Valencia offers the perfect combination for a family holiday: language training for parents and introductory Spanish for children. The parents attend an intensive Spanish course to learn in a short time as
Business Spanish
A school of Spanish for foreigners organizes courses of Business Spanish in preparation to the Official Exams of the Chamber of Commerce and Industry of Madrid. Valencia. Knowing a language also means to know specific vocabularies. The aim of most students of Spanish as a foreign language is not only that of improving their fluency, but also that of widening their vocabulary in specific areas that will be useful for finding
The true Spanish for foreigners
A school of Spanish for foreigners offers its students extra-activities and classes: colloquial Spanish and reading clubs. Valencia. It has been proved that studying a language just in class is not enough to learn it. A Student of Spanish as a foreign language needs not only the grammar, but a full everyday immersion into the language in order to learn those expressions that can’t be found in books. It is important to
Teaching Spanish as a Foreign Language
A Spanish school in Valencia organizes courses for future teachers of Spanish as a Foreign Language. Valencia. Being a Spanish native speaker doesn’t mean that you are able to teach your language. In order to teach a language, it is not only important to be a native speaker, but also to know how to teach it. Teaching a language requires a series of basic skills that enable you to teach
Workplace Spanish® Introduces “Spanish by the Slice™”
Roswell, GA, February 24, 2010 – Workplace Spanish, Inc., developer of the country’s most widely used Spanish learning materials for the workplace, introduces an economical way for anyone to learn and speak conversational and job-specific Spanish without busting their budget. “Spanish by the Slice™ is a parallel to the pizza business”, says Tom Sutula, president of Workplace Spanish. “With pizza, if you don’t want the whole pie—you order