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Author Topic: Shutterstock Customer Base up 71%  (Read 1594 times)

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WarrenPrice

« on: May 31, 2012, 10:00 »
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More than 550,000 active, paying users contributed to revenue in 2011, representing an increase of 71 percent compared to the prior year.

Copied this from a post on SS Forums.  It is from an article about the upcoming IPO.

Not sure if that means "revenue" increased by 71% or number of "customer" increased by 71%?

http://mobile.reuters.com/article/idUSBRE84D0N320120514?irpc=932


« Reply #1 on: May 31, 2012, 11:02 »
0
I am guessing increase in different buyer numbers - mainly because they have more ways to buy that aren't subscriptions, so it is a lower bar to become a buyer.


 

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