In a blog post, LinkedIn announced that it had passed a new milestone of 200 million members on its site. The popular business-oriented social networking site was launched in 2003, and had reportedly passed the 100 million marks in 2011. LinkedIn has added more than 13 million members since its last announcement on November 1, 2012.
LinkedIn serves its members in 19 languages in 200 countries or territories. It has 74 million members in the U.S., while 64 percent of them are outside the U.S, including 11 million members in the U.K., 7 million in Canada, 18 million in India, and 11 million are based in Brazil. The site’s fastest growing countries are Turkey, Colombia and Indonesia. Approximately 2 members join LinkedIn every second. That’s, 172,800 registrations per day!
Deep Nishar, Senior Vice President, Products & User Experience at LinkedIn, announced and thanked its users for helping them achieve this milestone:
I’d like to thank each of you for helping build the LinkedIn network into what it is today. It’s been amazing to see how our members have been able to transform their professional lives through LinkedIn. You truly grasp the power of LinkedIn when you start to focus on these individual success stories.
According to the stats shared by LinkedIn, the IT sector represents the largest industry within LinkedIn at four million users, with two million in financial services and 1.95 million in higher education.
The U.S. remains its biggest market, followed by India. Here’s a break down based on the number of users:
- USA (74m)
- India (18m)
- UK (11m)
- Brazil (11m)
- Canada (7m)
LinkedIn reported its earnings for Q3 2012 in November, and it had its revenue increased to $252 million, up more than 80% year-over-year. The company had an IPO price of $45 in May 2011, and is now trading at $112.25, up by 77 percent over the past 12 months.