Fab.com's international expansion continues, and this morning, the social shopping site is arriving in its 20th market: Canada. The additional market follows Fab's European expansion to 13 more countries across Europe last month, which then brought Fab to 16 countries worldwide. Since then, it has also added Sweden, Poland and Cyrus to the list. According to Fab CEO Jason Goldberg, customer demand for Canada was already fairly high, and Fab expects the region to soon account for at least 5% of revenue. Currently, 3%-5% of Fab.com traffic is from that Canada, despite Fab not having shipped there until now.
Thursday, June 7, 2012
Fab Expands To Its 20th Country: Canada; Now On Track To $140M In Sales By Year-End
Fab.com's international expansion continues, and this morning, the social shopping site is arriving in its 20th market: Canada. The additional market follows Fab's European expansion to 13 more countries across Europe last month, which then brought Fab to 16 countries worldwide. Since then, it has also added Sweden, Poland and Cyrus to the list. According to Fab CEO Jason Goldberg, customer demand for Canada was already fairly high, and Fab expects the region to soon account for at least 5% of revenue. Currently, 3%-5% of Fab.com traffic is from that Canada, despite Fab not having shipped there until now.
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