Wednesday, June 1, 2011

Linkedin Singapore

Linkedin Singapore: LinkedIn SG, which has more than 100 million members, makes money from online advertising, premium subscriptions and hiring tools for recruiters. The company generated $243 million in revenue in 2010, but it has warned that revenue will slow and it will be unprofitable in 2011 as it invests in technology and international growth.

Asia Pacific accounts for more than 18 million members, and the company already has a "significant presence" in Australia, India and Singapore, Mr. Rajan said.

"According to [research firm] Comscore, from March of last year to March of this year, we grew 130% in [Asia Pacific]...we think that by having a presence here, by expanding our footprint in Asia, we think we'll see continued sustained growth," he said, but declined to give detailed growth targets.

LinkedIn is also considering expanding into China, where it already has more than one million members. But he didn't address some of the problems that have bedeviled Facebook, Google and others there. LinkedIn isn't blocked by China's Internet censorship efforts.

"We're looking at it carefully, and thinking about whether it makes sense to get into the Chinese market, and if so, how," Mr. Rajan said.
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