• India has become the fastest growing market for LinkedIn as more companies and advertisers come online
LinkedIn Chief Executive Officer Ryan Roslansky is gearing up for growth for the social-networking site in markets such as India, even as it prepares for economic headwinds more broadly by halting hiring.
On Thursday, on the sidelines of the Bloomberg New Economy Forum in Singapore, Roslansky told Bloomberg TV that India has become LinkedIn's fastest-growing market as more companies and advertisers come online, with sales growing 50% year-over-year in the country. Is. , He said, 'What is going to happen in the next 10 years in India is being written now.
The business networking service owned by Microsoft Corp. is looking for new growth opportunities overseas as the worsening economic climate affects its US domestic market. To prepare for tough times, LinkedIn has paused hiring, he said.
Much of LinkedIn's growth is happening outside the United States, he said, with new members joining the networking site in markets such as India, Indonesia and Western Europe.
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