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LinkedIn parent Microsoft noted while reporting its earnings for its second fiscal quarter ended Dec. 31, 2021, that LinkedIn Sales Solutions topped $1 billion in revenue for the full year of 2021.
By reaching this milestone, LinkedIn Sales Solutions joined the professional network’s talent, marketing and premium subscriptions businesses in generating more than $1 billion in annual revenue.
LinkedIn Sales Solutions global vice president Alyssa Merwin wrote in a blog post, “When the pandemic upended traditional ways of identifying buyers, building relationships and engaging with customers, sellers and marketers turned to us to help them uncover opportunities in new markets, grow businesses across the globe and connect with customers and buyers—all virtually.”
The professional network said more than 1 million sellers are using LinkedIn Sales Navigator, and its advertising revenue for Microsoft’s fiscal second quarter was up 43% year over year.