the professional network XING has exceeded the mark of 12 million members, as the company has communicated today in a press release . It is the largest business network in the German-speaking it according to own statements. Approximately 1.8 million new members on the platform had registered a total in the last fiscal year. Around 9.7 million of its members come 2016 according to business report from Germany, 900,000 from Austria and also about 900,000 from Switzerland. According to Finanznachrichten.de over eight percent of them were paying premium customers.
XING has reported a record year for 2016. XING’s total sales were 21 percent higher than the previous year value of 122.9 million euros last year 148.5 million euros). EBITDA increased by 31 percent from 36.6 million euros to 47.9 million euros, the profit increased by 34 percent from EUR 17.6 million to 23.6 million euros.
“we have currently at XING an unprecedented membership growth. This is impressive evidence of the fact that in the modern world of work a profile at the leading professional network includes easily. We consider as incentive to continue to develop the services and products that help our members to fulfill their professional aspirations, to unfold their potential and to have a better work life so easily”growth, Thomas vollmoeller, CEO of XING AG, tells.
since beginning of 2015 the largest claims Jobsuchmaschine in German-speaking, Jobbörse.com belongs to the portfolio of the company. Previously, XING had further strengthened its position as the market leader in the area of social recruiting with the purchase of kununu, the platform for employer reviews in the German-speaking world. XING was founded in 2003 under OpenBC, is a public company and listed since September 2011 in the TecDAX since 2006. The members exchanging some 80,000 groups on XING or network personally at one of more than 150,000 professionally relevant events per year. XING is represented at the sites of Hamburg, Munich, Barcelona, Vienna and Zurich with good 900 employees. DISPLAY
has become the networking of vehicles over the last 20 years to a medium for general safety messages and traffic management. But nowadays cars are equipped with new sensors to achieve even better networked and safer driving.