LinkedIn ad revenue rises as advertisers leave Elon Musk's X
According to the research group Insider Intelligence, annual advertising revenues at the Microsoft-owned company increased to nearly $4 billion in 2023, up 10.1 per cent (year-on-year) and also predicted further growth of 14.1 per cent in 2024.
![LinkedIn ad revenue rises as advertisers leave Elon Musk's X](https://cdn.zeebiz.com/sites/default/files/2023/12/30/274642-linkdin-reuters.jpg?im=FitAndFill=(1200,900))
According to the report, citing sources, LinkedIn was reaping the benefits of introducing ways to better target its one billion users as big brands increasingly leave X. Pic: Reuters