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Chinese online recruitment platform operator 51job (Nasdaq: JOBS) announced today that its Board of Directors has received a preliminary non-binding proposal letter dated September 17, 2020 from DCP Capital Partners (the "Proposing Buyer") to acquire all of the outstanding common shares of the company for USD 79.05 in cash per common share (the "Proposed Transaction"). Read More
Hackers are openly selling user data from online recruitment platform 51job.com (Nasdaq: JOBS) on the dark web with sample data containing email addresses, passwords, real name, ID number, and telephone number, reports Dongfang Press's The Paper. Read More
Shanghai-based Xiangtu Network Technology, developer of mobile car maintenance booking app Lechebang (literally "Happy Vehicle Nation"), has announced completion of RMB 300 mln in Series B funding led by Yuanyi Investment. Read More
Shanghai-based Lieshang Network Technology, operator of online recruitment website HunterOn.com, has announced at a press conference the completion of RMB 200 mln in Series C funding, led by UOB Venture Management and with participation from IDG Capital Partners. Read More
According to a newly released report from Tencent (0700.HK) analyzing user behavior of the Chinese internet and mobile services firm's WeChat mobile messaging app, 64.3% of users are male, 35.7% female, 45.4% aged 18 to 25 and 40.8% aged 26 to 35. Read More
Online recruiting site Jobtong.com, operated by Beijing-based Tuming Ruida, has announced the completion of RMB 28 mln in first-round funding from Chinese internet company NetEase (Nasdaq: NTES). Read More
Chinese online recruitment firm Zhaopin (NYSE: ZPIN), a subsidiary of Australian online jobs website operator Seek, has confirmed in an internal email that the company has acquired Shenzhen Xijier Human Resources, operator of online recruitment site CJOL.com. Read More
Online IT industry recruiting website Neitui ("Internal Recommendation") has revealed that the site landed RMB 2.5 mln in angel funding from Chinese technology-focused venture capital firm Innovation Works in October. Read More
Shanghai Zhongpin Information Technology, the developer of mobile crowdsourcing recruitment platform "Renren Lietou," has completed RMB 20 mln in angel funding from two unnamed investors. Read More
China's internet user base will reach 800 mln in 2015, according to China's Ministry of Industry and Information Technology (MIIT). Read More