Thursday, May 3, 2012
Fab Expands Across 13 European Countries, Is Actively Looking For Acquisitions
Not even a month after news of Fab.de's growth in Germany and Austria (revenue reaching 1.5M Euro per month), the company is today announcing its expansion across Europe. Starting now, Fab is available across 13 more European countries as an English or German-language website. In addition to the U.S., and the two markets served by Fab.de, that brings Fab to 16 countries worldwide. The additional countries coming on board today are Belgium, Czech Republic, Estonia, Finland, France, Ireland, Luxembourg, Netherlands, Romania, Slovakia, Slovenia, Spain and the U.K. These countries will be directed to the Fab.de domain, not the U.S.-based Fab.com website. However, Fab CEO Jason Goldberg tells us that the plan is to consolidate the domains under the Fab.com URL in the next few months. Plus, following today's expansion across the EU, Fab will also add three more countries to the list next week: Sweden, Poland, and Cyprus.