Xing Expands Into Turkish Market

Xing_logo TODAYS ZAMAN -- July 6 -- Xing, a business professional network with 5.7m members, has made its grand entrance with the acquisition of Turkey's largest online business site, cember.net. Started with just 500 members in November 2003 in Germany, XING, formerly known as the Open Business Platform, has grown to be the leading business networking site in Europe, and the second site in the world after US-based LinkedIn, which has 20m members. FULL ARTICLE @ TODAYS ZAMAN

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Social Network Xing Buys Turkey's cember.net

Xing_logoREUTERS -- Jan 23 -- German online business networking company Xing bought Turkey's cember.net to strengthen its leadership in the Turkish-speaking market. Fast-growing Xing, a competitor to U.S.-based LinkedIn, said it would pay 4.4 million euros ($6.4 million) in stages for cember.net. Xing had 4.25 million members at end-September and offers services in 16 languages. FULL ARTICLE @ REUTERS

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