New Work SE (XINXF)
New Work SE operates in the Internet Content & Information industry of the Communication Services sector, headquartered in Hamburg, DE. The stock last traded at $76.80, up 27.91% on the session, giving a market capitalisation of $509.8M. On trailing twelve-month figures it carries a trailing P/E of 10.09, a net margin of 12.1%. Its beta of 1.27 implies it has historically moved more than the broad market.
Based in Hamburg, Germany, New Work SE is a company established in 2003 and functions as a subsidiary of Burda Digital SE. Initially known as Xing SE, it adopted its current name in August 2019. The company's primary business involves operating professional online networking platforms for users in Germany and worldwide. Its operations are divided into three main business segments: 1. B2C (Business-to-Consumer): This segment serves individual professionals who utilize platforms like xing.com, XING Jobs, kununu.com, or internations.org. These platforms facilitate professional connections, aid in job searching, offer insights into employers, and provide access to career-focused articles and information. 2. B2B E-Recruiting: Designed for businesses, this segment offers a wide array of products aimed at attracting and recruiting employees and talent. Its portfolio includes job advertisement services (such as XJM), talent management tools (like XING TalentManager and XING TalentPoolManager), referral systems (XING Talent Referral Manager), employer branding profiles, applicant tracking systems (Prescreen), and comprehensive packages like XING TalentService, the XING 360 package, and Honeypot. 3. B2B Marketing Solutions & Events: This segment caters to advertising and event clients. It provides diverse marketing opportunities, including native, video, and content advertising formats, targeted sponsored mailings, audience network solutions, an event subsegment, and ticketing services.
New Work SE is most often compared with the following Communication Services names: