LinkedIn Continues its Growth Spurt

Allison Howen — Fri, 10 Feb 2012 02:23:00 GMT

LinkedIn, the professional social network, has hit a milestone by surpassing 150 million members.

Additionally, the social network reported revenue of $167.7 million for the fourth quarter of 2011, which is an increase of 105 percent compared to the same time in 2010. This also represents the sixth straight quarter of greater than 100 percent year-over-year growth.

"Q4 once again exceeded our expectations for member engagement and business growth. It was a fitting end to a memorable year in which we reinforced our position as the pre-eminent professional network on the web," says Jeff Weiner, CEO of LinkedIn. "We believe continued focus on our members and technology infrastructure positions us well for accelerated product innovation in 2012."

Check out some other LinkedIn articles from Website Magazine:

LinkedIn Secrets to Success
Most Important SocNet? 60% Say LinkedIn
LinkedIn Officially Overtakes MySpace
LinkedIn Job App Tool for Companies/Job Seekers
Companies Use Social Media for What?
LinkedIn Talent Pipeline for Recruiters
Six Apps for Enhancing LinkedIn Profiles

Social Media Mavens : growth

LinkedIn Continues its Growth Spurt