42244 1 3 econsultancy_xml <p>Xing has managed to increase its membership considerably during 2006, with almost 250,000 new members added in the final quarter alone. This brought the network's total membership to 1.69m. </p> <ul> <li>At the end of 2005, the network had 680,000 members, which means Xing has achieved 149% growth in 12 months. <br /><br /></li> <li>Xing increased its paying membership by 13%, from 189,000 in 2005 to over 221,000. <br /><br /></li> <li>Xing is now the market leader in the German-speaking world, with 1.2m members in Germany, Switzerland and Austria.<br /><br /></li> <li>It increased revenue by over 200% to €10m (£6.8m), with €3.6m (£2.4m) generated in the last quarter. </li> </ul> <p>CEO and Founder Lars Hinrichs predicts greater growth next year: </p> <blockquote> <p> <em>"Since the Initial Public Offering, we are now in a position to expand via acquisitions, as well as through our own strong organic growth. I’m confident that we will be able to register initial successes here in the first half of 2007.”</em> </p> </blockquote> <p> <a href="mailto:blog@e-consultancy.com">blog@e-consultancy.com</a> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>Xing has managed to increase its membership considerably during 2006, with almost 250,000 new members added in the final quarter alone. This brought the network's total membership to 1.69m. </Paragraph> <List Type="Disc"> <ListItem>At the end of 2005, the network had 680,000 members, which means Xing has achieved 149% growth in 12 months. <LineBreak /><LineBreak /></ListItem> <ListItem>Xing increased its paying membership by 13%, from 189,000 in 2005 to over 221,000. <LineBreak /><LineBreak /></ListItem> <ListItem>Xing is now the market leader in the German-speaking world, with 1.2m members in Germany, Switzerland and Austria.<LineBreak /><LineBreak /></ListItem> <ListItem>It increased revenue by over 200% to €10m (£6.8m), with €3.6m (£2.4m) generated in the last quarter. </ListItem> </List> <Paragraph> <LineBreak /> </Paragraph> <Paragraph>CEO and Founder Lars Hinrichs predicts greater growth next year: </Paragraph> <Block> <Paragraph> <Quote>"Since the Initial Public Offering, we are now in a position to expand via acquisitions, as well as through our own strong organic growth. I’m confident that we will be able to register initial successes here in the first half of 2007.”</Quote> </Paragraph> </Block> <Paragraph> <Link URL="mailto:blog@e-consultancy.com" Window="New">blog@e-consultancy.com</Link> </Paragraph> </FormattedContent> 2007-03-06T12:20:00+00:00 1 1 econsultancy_xml <p> <strong>Open Business Club AG, which operates German business social network </strong> <a href="http://www.xing.com/"> <strong>Xing</strong> </a> <strong>, has announced its preliminary results for 2006.</strong> </p> <p>Back in December, <a href="/blog/637-web-2-0-company-xing-raises-eur35-7-million-in-ipo">Xing became the first web 2.0 company to go public</a>, and its results for the past year show some pretty impressive growth.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Open Business Club AG, which operates German business social network </Emphasis> <Link URL="http://www.xing.com/" Window="New"> <Emphasis>Xing</Emphasis> </Link> <Emphasis>, has announced its preliminary results for 2006.</Emphasis> </Paragraph> <Paragraph>Back in December, <Link URL="/blog/637-web-2-0-company-xing-raises-eur35-7-million-in-ipo" Window="New">Xing became the first web 2.0 company to go public</Link>, and its results for the past year show some pretty impressive growth.</Paragraph> </FormattedContent> false 898 <p>For background on online PR and social media more generally, It's worth reading our (free to registered users) <strong><a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing">Social Media Trends Briefing</a></strong> (June 2009). Econsultancy has also published <strong><a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files">Social Media and Online PR Template Files</a></strong>, which you can adapt and use for your own projects. For innovation in this space, download our <strong><a href="http://econsultancy.com/reports/innovation-report">Innovation Report</a></strong>.</p> <p>For background on online PR and social media more generally, It's worth reading our (free to registered users) <strong><a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing">Social Media Trends Briefing</a></strong> (June 2009). Econsultancy has also published <strong><a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files">Social Media and Online PR Template Files</a></strong>, which you can adapt and use for your own projects. For innovation in this space, download our <strong><a href="http://econsultancy.com/reports/innovation-report">Innovation Report</a></strong>.</p> 362802 Xing posts results, reports massive user growth false 2007-03-06T17:32:00+00:00 xing-posts-results-reports-massive-user-growth 2009-04-28T22:44:19+01:00 2009-10-13T08:54:39+01:00 179