Linkedin last quarter report revealed their recruitment division revenue jumped 35% to US$597m.
The market is there, the key is whether 1PG can grab a very little slice of the prospective market.
Professional online network LinkedIn reported both its highest-ever revenue and its largest loss as a public company in one of its final quarterly reports before it is set to be bought by Microsoft Corp.
- Deepa Seetharaman
- The Australian
- 9:15AM August 5, 2016
Second-quarter revenue rose 31 per cent to $US932.7 million, from $US711.7 million, driven by its cornerstone talent-solutions division, which helps corporate recruiters identify job candidates. Revenue from this unit jumped 35 per cent to $US597 million as LinkedIn added customers and prior customers boosted spending.
Broker data, page-12
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