March 30 , 2010
LinkedIn membership surpasses two million in Canada
Company also announces it will open a Toronto office and hire a Canadian country manager to support LinkedIn's growth in Canada
LinkedIn, the world's largest professional network with more than 60 million members globally, today announces a significant milestone in the advancement of professional networking and mobility in Canada. There are now more than two million Canadians among LinkedIn's global membership. Thousands of Canadians join LinkedIn each day and there are more than 20,000 LinkedIn Groups related to Canada. Companies like KPMG, Research In Motion (RIM) and Royal Bank of Canada (RBC) already use LinkedIn's enterprise solutions to hire and retain top talent in Canada.
"Canada is one of LinkedIn's fastest growing markets," said Arvind Rajan, vice president of international, LinkedIn. "We are looking forward to establishing offices in Toronto and hiring a Canadian country manager so we can continue to drive brand awareness in Canada. Establishing our first office in Canada will allow us to expand our presence so we can continue connecting Canadian professionals to help them be more successful and productive."
LinkedIn's Canadian operation will work closely with the company's Mountain View, Calif. headquarters and with its other international operations in Europe, Australia, India and the Netherlands. In the immediate future, LinkedIn's Toronto office will focus on setting up LinkedIn's operations in Canada and working on user engagement, strategic partnerships and marketing. Long term the Toronto office will focus on building out LinkedIn's diverse business model comprised of user subscriptions, advertising sales and software licensing.
LinkedIn is an Internet company focused on connecting the world's professionals. The company is privately held and has a diversified business model with revenues driven from user subscriptions, advertising sales and software licensing. The LinkedIn web site was launched in 2003 and is the largest professional networking site in the world with more than 60 million members representing 200 countries and executives from every Fortune 500 company. The company's worldwide corporate headquarters is based in Mountain View, Calif.
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