Thursday, May 5, 2016

ROUNDUP: Xing strongly increasing – Test with employer reviews in the US – FAZ – Frankfurter Allgemeine Zeitung

HAMBURG (Reuters) – The career network Xing & lt; O1BC.ETR & gt; gropes before doing business with employer reviews in the US. For the test, the Hamburg-based subsidiary of the media group Burda bring their portal Kununu in the market. “We believe that the internationalization of the offer of Kununu is possible,” said Xing boss Thomas Vollmoeller the German Press Agency. In its core business with the career network to Xing will continue to restrict the other hand, on the German market.

“The basic idea of ​​a portal for employer reviews, however, is on the same throughout the world”, Vollmoeller said. “Networks work differently, it can not be easy to rebuild so in a country.” Because the profiles are initially only a dead address. “This is to bring to life. And that goes beyond local content, local relevance, local services that anywhere in the world are different accordingly.”

In the last quarter Xing was strong growth. The number of members skipped the ten million mark. In the first three months of the year, 467,000 new members reported on and thus as much as ever in a quarter, as the TecDAX lt &; TDXP.ETR & gt; listed companies announced on Wednesday. The internationally active US competition Linkedin & lt; LNKD.NYS & gt; passed last the mark of eight million members in German-speaking countries. The networks users can create professional profiles and look for new jobs out. Companies use the platforms for staff search.

The number of users with a paid premium subscription increased by around 23 000 to well 903 000. This exceeded Xing at this value as well as revenue and operating profit the expectations of experts. The proceeds put in the year by 17 percent to 34.3 million euros, as Xing announced on Wednesday. The profit rose from 4.1 to 5.3 million Euro./zb/so/DP/zb

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