LinkedIn

LinkedIn

From
in San Francisco (opened in March 2016)
  LinkedIn office in Toronto

LinkedIn filed for an in January 2011. The company traded its first shares on May 19, 2011, under the NYSE symbol "LNKD", at $45 per share. Shares of LinkedIn rose as much as 171% on their first day of trade on the New York Stock Exchange and closed at $94.25, more than 109% above price. Shortly after the IPO, the site's underlying was revised to allow accelerated revision-release cycles. revenue alone, surpassing , which earned $139.5 million. 2011 earnings soared because of the company's increase in success in the social media world.

In April 2014, LinkedIn announced that it had leased , a 26-story building under construction in district, to accommodate up to 2,500 of its employees, The goal was to join all San Francisco-based staff (1,250 as of January 2016) in one building, bringing sales and employees together with the team. In February 2016, following an report, LinkedIn's shares dropped 43.6% within a single day, down to $108.38 per share. LinkedIn lost $10 billion of its that day.

On June 13, 2016, announced that it would acquire LinkedIn for $196 a share, a total value of $26.2 billion and the largest to date. The acquisition would be an all-cash, debt-financed transaction. Microsoft would allow LinkedIn to "retain its distinct brand, culture and independence", with Weiner to remain as CEO, who would then report to Microsoft CEO . Analysts believed Microsoft saw the opportunity to integrate LinkedIn with its to help better integrate the professional network system with its . The deal was completed on December 8, 2016.

As of 2017, 94% of B2B marketers use LinkedIn to distribute content. The new version was meant to make the user experience seamless across mobile and desktop. Some of the changes were made according to the feedback received from the previously launched mobile app. Features that were not heavily used were removed. For example, the contact tagging and filtering features are not supported any more. (UI), some users, complained about the missing features which were there in the older version, slowness, and bugs in it. The issues were faced by both free and premium users, and with both the desktop version and the mobile version of the site.



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