The social networking site Xing bought the Turkish professional networking site cember.net for a reported $6.4 million. cember.net is the market leader in professional networking in Turkey.
I think this move strengthens the fact that there is a growing market in Turkey. Earlier we had heard that Myspace was getting ready into the Turkish social networking scene. Looks like there is going to be a nice competition of global players in Turkey pretty soon. On the other hand, it is also obvious that Turkish users are valued way cheaper at 15 euros/member.
[...] b – s i d e: observers of the new world wrote an interesting post today on Xing Buys cember.netHere’s a quick excerptEarlier we had heard that Myspace was getting ready into the Turkish social networking scene. Looks like there is going to be a nice… [...]
[...] WATBlog.com – The Refreshing Blog on Web, Advertising and Technology in India! wrote an interesting post today on Xing Buys cember.netHere’s a quick excerptEarlier we had heard that Myspace was getting ready into the Turkish social networking scene. Looks like there is going to be a nice… [...]