SOCIAL MEDIA NEWS: LinkedIn tops 150 million members
LinkedIn’s user base has swollen to over 150 million professionals, with November seeing a 20 million increase.
The impressive growth statistics were revealed yesterday as the social networking company also revealed its Q4 revenue figure of $167.7 million. This represents a 105 per cent increase to the same period in 2010.
Jeff Weiner, CEO of LinkedIn, said, "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.
"We believe continued focus on our members and technology infrastructure positions us well for accelerated product innovation in 2012."
Further information and detailed financial breakdowns were posted on globenewswire.com.