Business Today |
Thursday, 17 April, 2025 | | |
Editor's Note |
Good morning, reader |
Profit at LinkedIn’s Irish business surged to $427 million (€376 million) as the company added more members and increased its advertising business. The Irish subsidiary, LinkedIn Ireland Unlimited Company, recorded turnover of $8.9 billion for the 18 months to June 30th 2024. Cost of sales for the period was $5.7 billion. The professional networking site has changed its reporting period to bring it in line with that of parent company Microsoft in Ireland. The tech giant bought LinkedIn in 2016, with LinkedIn continuing to operate as a stand-alone unit. Ciara O’Brien has the details. |
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