Friday, July 20, 2012

What's Next for LinkedIn?

What would you expect next from LinkedIn? With 150+ million subscribed memberships, LinkedIn (LNKD) is the biggest professional networking platform in the world. LinkedIn had an average of 118 million registered members in 2011. We expect it to increase to 176 million in 2012. With its user base expanding to 160 million at the end of Q1 itself, LinkedIn seems right on track to achieve that target.
Recently, in the first week of May this year, LinkedIn bought SlideShare, a leading professional content sharing community, at around $118.75 million. The deal is supposed to close in this second quarter (…and consequently, this will show in the bottom-line of the company in the second-quarter report).

Read Suman Chatterjee's full article on seekingalpha.com by clicking here...

No comments:

Post a Comment