MySpace

LinkedIn Passes 200 Million Members

LinkedIn Passes 200 Million Members

LinkedIn announced today that the professional social network has passed 200 million members. It's a tremendous milestone and the announcement went on to break down how that membership is comprised.

For instance, the site boasts 74 million members in the United Sates, and 11 million in the United Kingdom. Interestingly, India has actually surpassed the UK for second place at 18 million members.

LinkedIn is gaining approximately 2 new members every second, and a great many of those are coming from countries like Turkey, Brazil and even China.

From an industry perspective, Information Technology (IT) represents the largest segment at 4 million members, followed by Financial Services, Higher Education, Computer Software and Telecommunication.

The new MySpace. Will it be good for business?

The new MySpace. Will it be good for business?

MySpace was founded in 2003 and purchased in 2005 by News Corporation for $580 million. Between 2005 and 2008, MySpace was the most visited social networking site in the world, and even surpassed Google at one point as the most visited website in the United States. The site generated $800 million in revenue in 2008, yet was passed by Facebook and has been declining every year since. Now, however, thanks a purchase in 2011 by Specific Media Group and Justin Timberlake, the former giant seems poised to once again rock the online world.

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