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LinkedIn

Communication Services

LinkedIn is a professional networking service co-founded by Reid Hoffman and colleagues, launched in May 2003 and acquired by Microsoft in 2016 for about $26 billion. It became the dominant online platform for professional profiles, business networking, recruiting and job searching, widely used by employers and job seekers alike and central to how many industries now conduct professional hiring and networking.

Facts
Classification
Sector (GICS)
Communication Services 1
Offering Kind
Service 1
Launch Year
2003 1
Maker
Microsoft 1
Connections

Related Corporate Events

Sources
1. Wikipedia, LinkedIn
Wikipedia
  • Growth history paragraph, December 2016 Microsoft acquisition sentence
    In December 2016, Microsoft purchased LinkedIn for $26.2 billion, being its largest acquisition at the time.
  • Lead section, paragraph 1, launch sentence
    It was launched on May 5, 2003, by Reid Hoffman and Eric Ly
  • Introduction, GICS sector classification
    LinkedIn is an American business and employment-oriented social networking service used globally.
  • Introduction, offering kind classification
    LinkedIn is an American business and employment-oriented social networking service used globally.
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