Fab's business in the European market has covered 24 countries

Abstract: According to foreign media reports, the United States Flash purchase site Fab in the European market on the anniversary of the release of some interesting statistics, the most noteworthy is that fab in the European market has covered 24 countries, the number of users from the previous 150,000 people

According to foreign media reports, the United States Flash-purchase site Fab in the European market on the first anniversary of the release of some interesting statistics, the most noteworthy is that fab in the European market has covered 24 countries, the number of users from the previous 150,000 people jumped to 3.5 million people.

For the E-commerce company, its efforts in the European market have been remarkably fruitful. Fab now earns 30% of its revenues from the European market, and a year ago the company's European operations had just opened up in Austria and Germany.

Jason Goldberg, chief executive of Fab, said in an interview with the Wall Street Journal last year that he was interested in Goldburg the company's business in Europe and the US. He said at the time that Europe would be a large part of Fab's business, probably a year behind the US.

Fab recently upgraded its iOS and Android apps to improve the user experience of navigation, discovery and archives. This change was made after seeing that 30% of the revenue came from mobile devices.

The text in the picture shows that, in February 2012, Fab Europe started with 30 employees from Germany and Austria, when the number of users was only 150,000, and a year later, staff expanded to 200, business expanded to 24 countries, the number of users reached 3.5 million, is 23 times times a year ago, and the number of users is still in the monthly 37% . 50% of users are from social sharing, and the share of revenue for this segment is 33%.