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Sunday, 30 April 2017

LinkedIn reaches 500 million users

LinkedIn reaches 500 million users

The professional social network now has more than 500 million users, "an important and exciting step," according to LinkedIn's vice president.


LinkedIn takes a new direction ... The social network for professionals announced on Monday to count 500 million users, a steady increase since its acquisition a few months ago by the giant Microsoft IT.

"An important step". "We have recently taken an important and exciting step," wrote Aatif Awan, vice president of LinkedIn, in a blog. "We now have half a billion members in 200 countries that make connections, conduct professional discussions between them and find opportunities through these connections on LinkedIn," he added.

Redeemed by Microsoft. Its acquisition of $ 26.2 billion, finalized in December, is the largest transaction to date in the social networking sector. At the time of the announcement of the deal in June, LinkedIn had 433 million members. According to Aatif Awan, the professional network, created in 2003, offers some 10 million active job offers, gives access to nine million companies and more than 100,000 articles are published every week.

By 2015, it employed nearly 10,000 people and had a turnover of around $ 3 billion for a net loss of $ 166 million.

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