<http://schema.org/articleBody>
"Design-focused e-commerce site\u00A0Fab\u00A0has pushed into Asia-Pacific for the first time after launching its service in Australia.\r\n\r\nThe move was announced on CEO and founder Jason Goldberg's Betashop blog, and it takes Fab to 30 markets worldwide. Even though it wasn't active in Australia, Goldberg says almost\u00A01 percent of Fab\u2019s traffic comes from the country.\r\n\r\nThe expansion is likely the first in a series of moves in Asia-Pacific. This year, Fab has raised investment from Chinese Internet firm Tencent -- which led its recent $150 million Series D round -- Asian operator SingTel, Japanese retail conglomerate Itochu\u00A0and India's Times Internet\u00A0-- Fab previously said the deals are preludes to future launches.\r\n\r\nDespite raising funding and expanding across the globe, Fab laid off more than 100 staff in Europe and ditched its flash sales model\u00A0over the summer.\r\n\r\n\u27A4\u00A0News: Fab Now Delivers Smiles To Australia, Our 30th Country @fab [Betashop]\r\n\r\nThumbnail image via Thinkstock"^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/au/2013/09/18/fab-launches-in-australia-its-30th-country-and-first-expansion-into-asia-pacific/>