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| Type of business | Aktiengesellschaft |
|---|---|
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Type of site
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Professional network service |
| Available in | Simplified Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swedish, Turkish |
| Traded as | : O1BC |
| Founded | August 2003 Hamburg, Germany |
| Headquarters | Hamburg, Germany |
| Key people | Dr. Thomas Vollmoeller (CEO), Stefan Winners (Chairman of the supervisory board) |
| Revenue | €54.3 million (2010) |
| Operating income | €11.5 million (2010) |
| Profit | €7.2 million (2010) |
| Total assets | €95.6 million (end 2010) |
| Total equity | €61.2 million (end 2010) |
| Employees | 649 (2014) |
| Website | www |
| Alexa rank |
 1020 (December 2015[update]) |
| Registration | Required |
| Launched | November 2003 |
XING (named openBC/Open Business Club until 17 November 2006) is a career-oriented social networking site for enabling a small-world network for professionals. The company claims that it is used by people from over 200 countries. Available interface languages include Dutch, English, French, German, Italian, Spanish, Polish, Portuguese, Russian, Simplified Chinese and Turkish. By displaying how each member is connected to any other member, it visualizes the small-world phenomenon.
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. The platform uses https and has a rigid privacy and no-spam policy. XING provides its paying members very easy email access to any members.
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, and get to know each other on a personal level.
XING competes with the American platform LinkedIn and the European Viadeo for social networking among businesses.
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.
About 76% of all pageviews come from Germany, 90% from the D-A-CH area (Germany, Austria and Switzerland).
The company went public (IPO) on 7 December 2006 with an issue price of 30 Euros. The Open Business Club Stock Ticker symbol is O1BC.DE and its ISIN number is: DE000XNG8888. XING became the first Web 2.0 company to go public in Europe.
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Wikipedia