OPEN Business Club AG was founded in August 2003 in Hamburg, Germany by Lars Hinrichs.[6][7] Its official debut was 1 November 2003. It was renamed XING in November 2006.
In its early years, the site pursued a global strategy; however, since 2012, XING has focused on the German-speaking market, as 76% of all XING page views come from Germany and 90% come from the D-A-CH area.[8]
Leadership
Lars Hinrich led the company as CEO until 2009, when he was succeeded by Stefan Groß-Selbeck.[9] Thomas Vollmoeller has served from 2012[10] and was succeeded by Petra von Strombeck in 2020.
Number of users
As of April 2019, XING reported 16 million members, up from 10 million members in the D-A-CH area in March 2016, which at that time included 880,000 premium members.[11]
Ownership and acquisitions
In November 2009, Hubert Burda Media acquired 25.1% of XING, becoming its main shareholder.[12][13][14] In 2010, XING acquired online event management company Amiando, changing its name to XING EVENTS.[15] In 2012, Burda increased its shareholding to over 50%.[16] In 2013, XING acquired Austrian e-recruiting company Kununu.[17] In 2015, XING announced a cooperation project with eyeson,[18] a unified communications provider.[19] In 2017, XING acquired global expat network InterNations and Austrian recruitment company Prescreen.[20] In April 2019, XING paid €22 million for Honeypot, a Berlin-based IT job platform.[21]
Proportion of holding
(in %)
shareholder
54.84
Burda Digital
5.04
Oppenheimer Holdings
3.02
Wasatch Advisors
2.98
Union Investment (majority for DZ Bank )
2.95
DWS Investments (majority for Deutsche Bank )
2.83
Norges Bank
32.92
free float
IPO
XING became the first Web 2.0 company to go public in Europe,[22] debuting on 7 December 2006 at an issue price of 30 Euros per share.
Website
The platform offers personal profiles, groups, discussion forums, event coordination, and other common social community features. Basic membership is free, but many core functions, like searching for people with specific qualifications or messaging people to whom one is not already connected, can only be accessed by the premium members. Premium membership comes at a monthly fee from €6.35 to €9.95 depending on the billing interval you choose and the country you are from.[23] The platform uses https and has a rigid privacy and no-spam policy.
XING has a special Ambassador program for each city or region around the world with a substantial constituency. The Ambassadors hold local events that promote the use of social networking as a business tool, letting members introduce business ideas to one another.
XING also offers the system for closed communities, called Enterprise groups with their own access paths and interface designs. The platform serves as the infrastructure for corporate groups, including IBM, McKinsey, Accenture and others.[24]
About 76% of all pageviews come from Germany, 90% from the D-A-CH area (Germany, Austria and Switzerland).[25]
As of 15 September 2017 XING has changed its legal status to become a Societas Europaea.[26]
Revenue
XING Sales (€)
year
Sales in € million
Employees
2008
35.3
174
2009
45.1
265
2010
54.3
306
2011
66.2
456
2012
73.3
513
2013
84.8
571
2014
101.4
649
2015
123.0
792
2016
148.5
961
2017
187.8
1,290
2018
235.1
1,567
XING Mobile
Xing.com Mobile allows users to access some of its functions using a mobile phone, PDA or smartphone. Standards supported: HTML 3.2, XHTML MP 1.0, WML 1.1.
XING plug-ins
Xing.com plugins are available for free download that allow contact synchronization with Lotus Notes, Microsoft Outlook,[27] Windows Address Book and Outlook Express. It also allows manual CSV File import–export and has a Firefox search plug-in.
Recruitment
Since October 2007, XING has run a job marketplace for candidates and recruiters. Alongside fixed-price job ads, XING was one of the first German job boards to use a pay-per-click payment model, where the cost of an ad is based on user views
^"Karrierenetzwerk: Xing-Betreiberfirma heißt künftig New Work SE". handelsblatt.com (in German). Retrieved 21 August 2019.
^"Class war". The Economist. 19 November 2009. ISSN 0013-0613. Retrieved 13 July 2019.
^Markoff, John (24 January 2007). "Move Over Silicon Valley, Here Come European Start-Ups". The New York Times. ISSN 0362-4331. Retrieved 13 July 2019.
^Hinrichs, Lars (17 May 2010). "to all: XING has only *1* Founder and that's me. I am so fed up with people who try to claim some fame with the XING story". @larshinrichs. Retrieved 13 July 2019.
^Zee (8 June 2010). "XING founder Lars Hinrichs launches HackFWD, a new European startup incubator". The Next Web. Retrieved 13 July 2019.
^LinkedInsiders (12 February 2012). "LinkedIn: The next big Xing? Businessnetzwerke in Deutschland 2012". LinkedInsider Deutschland (in German). Retrieved 13 July 2019.
^"Xing appoints eBay executive Gross-Selbeck as CEO". campaignlive.co.uk. Retrieved 13 July 2019.
^"Thomas Vollmoeller: Der Xing-Chef im Interview". manager magazin. Retrieved 13 July 2019.
^Bowser, Jacquie (24 November 2008). "Freude bei Xing: Karriere-Netzwerk vermeldet über 10 Mio. Mitglieder in DACH-Region". absatzwirtschaft.de. Retrieved 13 July 2019.
^. kress.de. 18 November 2009. Archived from the original on 21 November 2009. Retrieved 13 July 2019.[verification needed]
^. OnlinePresse.info. 20 November 2009. Archived from the original on 23 November 2009. Retrieved 13 July 2019.[verification needed]
^Schürmann, Christof. "Burda: Verleger Burda hat Xing im Visier". wiwo.de (in German). Retrieved 13 July 2019.[verification needed]
^"Amiando gefühlt unter Wert verkauft: Xing übernimmt für 10,35 Mio. Euro". Gründerszene Magazin (in German). 10 December 2010. Retrieved 13 July 2019.[verification needed]
^"Digitale Expansion: Medienhaus Burda hat Xing übernommen". manager magazin. Retrieved 13 July 2019.[verification needed]
^dpa (8 January 2013). "Internet: Xing übernimmt Karriere-Portal in Österreich". Die Zeit (in German). ISSN 0044-2070. Retrieved 13 July 2019.[verification needed]
^"Videokonferenz: Xing setzt auf steirisches Know-how". kleinezeitung.at (in German). 17 July 2015. Retrieved 13 July 2019.[verification needed]
^"Visocon Named a 2017 Cool Vendor by Gartner". UC Today. 31 July 2017. Retrieved 13 July 2019.[verification needed]
^"Xing kauft Wiener Start-up Prescreen für 17 Millionen Euro". futurezone.at (in German). 10 July 2017. Retrieved 13 July 2019.[verification needed]
^Lunden, Ingrid. "German LinkedIn rival Xing is rebranding as 'New Work,' acquires recruitment platform Honeypot for up to $64M". TechCrunch. Retrieved 13 July 2019.[verification needed]
^Charlton, Graham (12 December 2006). "Web 2.0 company Xing raises €35.7 million in IPO". Econsultancy. Retrieved 13 July 2019.[verification needed]
^. Archived from the original on 21 April 2014. Retrieved 18 March 2014.
^LinkedIn takes on Xing, or the other way around! by Carsten Cumbrowski, 29 January 2007, SearchEngineJournal.com
^"LinkedIn: The next big Xing? Businessnetzwerke in Deutschland 2012". 12 February 2012.
^Tutorial: Connecting Social Networks with Outlook (German)
External links
Official website
August 20, 2023
xing, other, uses, xing, hamburg, based, career, oriented, social, networking, site, operated, work, until, 2019, work, setype, businesssocietas, europaeatype, siteprofessional, network, serviceavailable, insimplified, chinese, dutch, english, finnish, french,. For other uses see Xing XING is a Hamburg based career oriented social networking site operated by New Work SE until mid 2019 XING SE 3 New Work SEType of businessSocietas EuropaeaType of siteProfessional network serviceAvailable inSimplified Chinese Dutch English Finnish French German Hungarian Italian Japanese Korean Polish Portuguese Russian Spanish Swedish TurkishTraded asFWB O1BCFoundedAugust 2003 20 years ago 2003 08 Hamburg GermanyHeadquartersHamburg GermanyKey peoplePetra von Strombeck CEO Dr Patrick Alberts CPO Ingo Chu CFO Jens Pape CTO Martin Weiss Chairman of the supervisory board Revenue 235 1 Million 2018 1 Total assets 273 5 million 2018 2 Total equity 98 3 million 2018 Employees2327 2020 URLwww wbr xing wbr comRegistrationRequiredLaunchedNovember 2003 19 years ago 2003 11 The site is primarily focused on the German speaking market alongside XING Spain and competes with the American platform LinkedIn 4 5 Contents 1 Company history 1 1 Leadership 1 2 Number of users 1 3 Ownership and acquisitions 1 4 IPO 2 Website 2 1 Revenue 2 2 XING Mobile 2 3 XING plug ins 3 Recruitment 4 See also 5 References 6 External linksCompany history EditOPEN Business Club AG was founded in August 2003 in Hamburg Germany by Lars Hinrichs 6 7 Its official debut was 1 November 2003 It was renamed XING in November 2006 In its early years the site pursued a global strategy however since 2012 XING has focused on the German speaking market as 76 of all XING page views come from Germany and 90 come from the D A CH area 8 Leadership Edit Lars Hinrich led the company as CEO until 2009 when he was succeeded by Stefan Gross Selbeck 9 Thomas Vollmoeller has served from 2012 10 and was succeeded by Petra von Strombeck in 2020 Number of users Edit As of April 2019 XING reported 16 million members up from 10 million members in the D A CH area in March 2016 which at that time included 880 000 premium members 11 Ownership and acquisitions Edit In November 2009 Hubert Burda Media acquired 25 1 of XING becoming its main shareholder 12 13 14 In 2010 XING acquired online event management company Amiando changing its name to XING EVENTS 15 In 2012 Burda increased its shareholding to over 50 16 In 2013 XING acquired Austrian e recruiting company Kununu 17 In 2015 XING announced a cooperation project with eyeson 18 a unified communications provider 19 In 2017 XING acquired global expat network InterNations and Austrian recruitment company Prescreen 20 In April 2019 XING paid 22 million for Honeypot a Berlin based IT job platform 21 Proportion of holding in shareholder54 84 Burda Digital5 04 Oppenheimer Holdings3 02 Wasatch Advisors2 98 Union Investment majority for DZ Bank 2 95 DWS Investments majority for Deutsche Bank 2 83 Norges Bank32 92 free floatIPO Edit XING became the first Web 2 0 company to go public in Europe 22 debuting on 7 December 2006 at an issue price of 30 Euros per share Website EditThe platform offers personal profiles groups discussion forums event coordination and other common social community features Basic membership is free but many core functions like searching for people with specific qualifications or messaging people to whom one is not already connected can only be accessed by the premium members Premium membership comes at a monthly fee from 6 35 to 9 95 depending on the billing interval you choose and the country you are from 23 The platform uses https and has a rigid privacy and no spam policy XING has a special Ambassador program for each city or region around the world with a substantial constituency The Ambassadors hold local events that promote the use of social networking as a business tool letting members introduce business ideas to one another XING also offers the system for closed communities called Enterprise groups with their own access paths and interface designs The platform serves as the infrastructure for corporate groups including IBM McKinsey Accenture and others 24 About 76 of all pageviews come from Germany 90 from the D A CH area Germany Austria and Switzerland 25 As of 15 September 2017 XING has changed its legal status to become a Societas Europaea 26 Revenue Edit XING Sales year Sales in million Employees2008 35 3 1742009 45 1 2652010 54 3 3062011 66 2 4562012 73 3 5132013 84 8 5712014 101 4 6492015 123 0 7922016 148 5 9612017 187 8 1 2902018 235 1 1 567XING Mobile Edit Xing com Mobile allows users to access some of its functions using a mobile phone PDA or smartphone Standards supported HTML 3 2 XHTML MP 1 0 WML 1 1 XING plug ins Edit Xing com plugins are available for free download that allow contact synchronization with Lotus Notes Microsoft Outlook 27 Windows Address Book and Outlook Express It also allows manual CSV File import export and has a Firefox search plug in Recruitment EditSince October 2007 XING has run a job marketplace for candidates and recruiters Alongside fixed price job ads XING was one of the first German job boards to use a pay per click payment model where the cost of an ad is based on user viewsSee also EditLinkedIn Viadeo BoardEx Professional network service Social software Social networking service List of social networking websitesReferences Edit https corporate xing com fileadmin user upload XING FY 2018 Results Presentation pdf dead link 2018 Prelim results Karrierenetzwerk Xing Betreiberfirma heisst kunftig New Work SE handelsblatt com in German Retrieved 21 August 2019 Class war The Economist 19 November 2009 ISSN 0013 0613 Retrieved 13 July 2019 Markoff John 24 January 2007 Move Over Silicon Valley Here Come European Start Ups The New York Times ISSN 0362 4331 Retrieved 13 July 2019 Hinrichs Lars 17 May 2010 to all XING has only 1 Founder and that s me I am so fed up with people who try to claim some fame with the XING story larshinrichs Retrieved 13 July 2019 Zee 8 June 2010 XING founder Lars Hinrichs launches HackFWD a new European startup incubator The Next Web Retrieved 13 July 2019 LinkedInsiders 12 February 2012 LinkedIn The next big Xing Businessnetzwerke in Deutschland 2012 LinkedInsider Deutschland in German Retrieved 13 July 2019 Xing appoints eBay executive Gross Selbeck as CEO campaignlive co uk Retrieved 13 July 2019 Thomas Vollmoeller Der Xing Chef im Interview manager magazin Retrieved 13 July 2019 Bowser Jacquie 24 November 2008 Freude bei Xing Karriere Netzwerk vermeldet uber 10 Mio Mitglieder in DACH Region absatzwirtschaft de Retrieved 13 July 2019 Burda wird Hauptaktionar von Xing kress de 18 November 2009 Archived from the original on 21 November 2009 Retrieved 13 July 2019 verification needed XING Hubert Burda Media neuer Hauptaktionar der XING AG OnlinePresse info 20 November 2009 Archived from the original on 23 November 2009 Retrieved 13 July 2019 verification needed Schurmann Christof Burda Verleger Burda hat Xing im Visier wiwo de in German Retrieved 13 July 2019 verification needed Amiando gefuhlt unter Wert verkauft Xing ubernimmt fur 10 35 Mio Euro Grunderszene Magazin in German 10 December 2010 Retrieved 13 July 2019 verification needed Digitale Expansion Medienhaus Burda hat Xing ubernommen manager magazin Retrieved 13 July 2019 verification needed dpa 8 January 2013 Internet Xing ubernimmt Karriere Portal in Osterreich Die Zeit in German ISSN 0044 2070 Retrieved 13 July 2019 verification needed Videokonferenz Xing setzt auf steirisches Know how kleinezeitung at in German 17 July 2015 Retrieved 13 July 2019 verification needed Visocon Named a 2017 Cool Vendor by Gartner UC Today 31 July 2017 Retrieved 13 July 2019 verification needed Xing kauft Wiener Start up Prescreen fur 17 Millionen Euro futurezone at in German 10 July 2017 Retrieved 13 July 2019 verification needed Lunden Ingrid German LinkedIn rival Xing is rebranding as New Work acquires recruitment platform Honeypot for up to 64M TechCrunch Retrieved 13 July 2019 verification needed Charlton Graham 12 December 2006 Web 2 0 company Xing raises 35 7 million in IPO Econsultancy Retrieved 13 July 2019 verification needed Premium Account Upgrade 18 March 2014 Archived from the original on 21 April 2014 Retrieved 18 March 2014 LinkedIn takes on Xing or the other way around by Carsten Cumbrowski 29 January 2007 SearchEngineJournal com LinkedIn The next big Xing Businessnetzwerke in Deutschland 2012 12 February 2012 Startseite permanent dead link Tutorial Connecting Social Networks with Outlook German External links EditOfficial website Retrieved from https en wikipedia org w index php title XING amp oldid 1170937219, wikipedia, wiki, book, books, library,
