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LinkedIn revenue rises 47 percent


    (Reuters) - Corporate networking site LinkedIn Corp reported a 47 percent increase in quarterly revenue, helped by higher demand for its hiring solutions.

    Revenue rose to $533.9 million in the quarter ended June 30 from $363.7 million a year earlier.

    The company posted a net loss attributable to common shareholders of $1.0 million, or 1 cent per share, compared with a net profit of $3.7 million, or 3 cents per share, a year earlier.

    (Reporting By Subrat Patnaik and Supantha Mukherjee)