ONElist Sets Up Sites Throughout Europe
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E-mail community provider ONElist announced Wednesday that the company is on its way to realizing its goal of pan-European expansion.
ONElist is currently establishing sites in Germany, France and the UK and will launch local language versions in all major European markets this year.
ONElist says it is also establishing a subsidiary with offices in Europe. The new company, ONElist Europe GmbH, will have its headquarters in Hamburg, Germany, and other offices in Paris and London. Marcus Riecke, formerly VP New Business at AOL Germany, has been appointed managing director.
"ONElist has already written a phenomenal Internet success story in the shortest amount of time - 8 million users within little more than a year without a single dollar spent on marketing," said Riecke. "Now we will strive to help email communities achieve a breakthrough in Europe and to establish ONElist as the category leader."
According to Bertelsmann Ventures, which owns a minority share in ONElist, e-mail communities represent one of the fastest growing Internet categories. The VC company points to user-generated content combined with ease of use and word-of-mouth recommendation as the means of e-mail communities' success.