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LinkedIn’s revenue topped $10 billion for the first time in a fiscal year, parent company Microsoft reported Tuesday as part of its fiscal fourth-quarter and full-year earnings report.
Revenue for LinkedIn in Microsoft’s fiscal fourth quarter was up 46%, driven by a 97% jump in revenue from LinkedIn Marketing Solutions, which topped $1 billion in quarterly revenue for the first time.
LinkedIn said that in the five years since being acquired by Microsoft in a $26.2 billion deal, its revenue has nearly tripled, and it now has over 774 million members on its platform worldwide.
LinkedIn CEO Ryan
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