Growth in hiring business drives LinkedIn revenue beat
LinkedIn's hiring business has been thriving, clocking revenue growth of nearly 50 percent in each of the last three quarters, helped by rapid expansion in international markets such as China. “In the fourth-quarter, more than 75 percent of new members came to LinkedIn from outside the United States,” Chief Executive Jeff Weiner said on a post-earnings call. The company added 3,000 new customers to its hiring business in the quarter, Chief Financial Officer Steve Sordello said.
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