ABBA had won the Eurovision Song Contest in April 1974 with the song "Waterloo", which went on to be a major hit across Europe and in Australia and New Zealand. However, the immediate follow-up singles did not meet with the same success, and it wasn't until over a year later that "I Do, I Do, I Do, I Do, I Do", "SOS" and "Mamma Mia" became worldwide hits and reignited interest in the band. To capitalise on this resurgence of interest, several labels around the world released their own licensed compilations of ABBA's singles up to and including "Mamma Mia" – these included a similarly-titled "Greatest Hits" by France's Disques Vogue, and "The Best of ABBA", released by West Germany's division of Polydor Records and by RCA Victor in Australia and New Zealand. To counteract the possibility of import sales from these records in Scandinavia, ABBA's record label Polar Music rush-released their own version of "Greatest Hits".