Microsoft's Q2 earnings reveal that LinkedIn generated $2 billion from Premium subscriptions over the last year, demonstrating significant growth despite being overshadowed by Microsoft's rapidly expanding AI revenues. LinkedIn reported a 9% revenue increase and has over one billion users. Although premium subscriptions constitute approximately 12.5% of LinkedIn's estimated total revenues of $16.2 billion in 2024, the company anticipates modest future growth due to challenges in its Talent Solutions division. Nevertheless, LinkedIn's subscriber base has grown 50% in the past two years, highlighting its focus on expanding paid features.
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LinkedIn continues to grow, with a 9% increase in revenues this year, surpassing $2 billion in Premium subscriptions, but AI revenue is outpacing it.
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