LinkedIn To Enter India – Looking For Partners
With around 25 million subscribers globally, Indians comprise 1 million for LinkedIn, which estimates the total Indian market at around 20 million users as of now.
LinkedIn, valued at over $1 billion, has probably the best revenue model so far, through online job listings, subscriptions, advertising, and corporate solutions among other sources. It expects to clock a revenue between $70-100 million this year.
“We will be looking for a few strategic local players as partners to further stimulate our growth and solidify our brand in India,” said LinkedIn director, International, Elisabeth O’Donnell, “Later this year, we aim to proactively address the Indian market with marketing efforts aimed at increasing people’s understanding of LinkedIn.”
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