LinkedIn Stats Update
LinkedIn has just announced that their Q3 revenues for 2011 was $139.5 million USD, seeing strong increases in customers taking up their hiring products across the globe.
LinkedIn has also released a number key statistics about their growth:
– now 131 million registered members
– 180,000 websites have integrated the LinkedIn share button
– 40,000 developers are accessing the LinkedIn API
– Mobile visits account for about 13% of their traffic
At the moment on the NYSE – LinkedIn is trading at around $87USD per share. According to the same figures LinkedIn has a market capitalisation of $8.42 Billion USD.
Many investors and speculators seem to be hinting the stock is fairly over-valued.