XING

Business Spotlight - - NEW ZEALAND -

CRE­ATED by Lars Hin­richs in Novem­ber 2003

CEO Dr Thomas Voll­moeller HEAD­QUAR­TERS Ham­burg

NAME Orig­i­nally openbc (Open Busi­ness Club), but changed to XING in 2006

IPO De­cem­ber 2006

OWN­ER­SHIP Hu­bert Burda Me­dia is the main share­holder, with 50.26 per cent.

WHAT IS IT? XING is the lead­ing pro­fes­sional net­work in Ger­many, Aus­tria and Switzer­land.

AC­QUI­SI­TIONS In ad­di­tion to the event man­age­ment com­pany Amiando, XING has ac­quired the global ex­pat net­work In­terNa­tions and the Aus­trian re­cruit­ment com­pany Pre­screen.

COST Ba­sic mem­ber­ship is free. Pre­mium mem­ber­ship costs from €6.35 to €9.95 a month.

MIS­SION “XING helps its 13 mil­lion mem­bers to bal­ance their pro­fes­sional and pri­vate life as well as pos­si­ble.”

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