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Romanians contribute $40m to LinkedIn value

Autor: Ştefan Vrabie

22.05.2011, 23:36 49

Shares of LinkedIn, the business social network, rose by 109%from the initial price on the second day since floatation, with itsmarket value now put at $8.8 billion, according to Bloomberg. Thus,each CV posted on the website is worth around $81.

Globally, the network has more than 100 million users, whosenumber has tripled in the past couple of years. In Romania,LinkedIn has 416,336 members, who thus contributed almost $40million to LinkedIn value growth.
In Romania, LinkedIn is more often used by women than men andthe best represented age category is that of users aged between 25and 34, according to website data.
Each of the three biggest companies operating in Romania hasover 1,000 employees with LinkedIn accounts, according to thewebsite data. BCR, Romania's biggest bank, has 1,353 employeesusing LinkedIn business network, followed by BRD with 1,062 andPetrom with 1,102. Almost 1,200 employees of Orange, leader of thedomestic telecom market, have a LinkedIn account.

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