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51job's Online Job Profit Plummets In China
March 4, 2009With rivals Zhaopin.com and ChinaHR.com posting bad financial results for last year, Chinese online recruitment company 51job Inc. now reveals that its unaudited financial results for the fourth quarter of 2008 and for the fiscal year ended December 31, 2008, show the financial crisis is truly hurting job websites in China.
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Zhaopin.com Made CNY170 Million Loss In 2008
March 4, 2009Seek, Australia's leading recruitment website and the major shareholder of China's Zhaopin.com, has published its first semi-annual financial report in 2009, which states Chinese job website Zhaopin.com made a CNY170 million loss in 2008.
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ChinaHR.com Made CNY175 Million Loss In 2008
February 23, 2009According to the latest financial report of the U.S. recruitment website Monster.com, ChinaHR.com made losses of CNY175 million in 2008.
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Monster Grabs Full Stake Of Chinese Internet Job Website
October 8, 2008Online recruitment firm Monster Worldwide (MNST) says it has completed its full acquisition of ChinaHR.com by paying USD174 million in cash for the remaining 55% stake of the Chinese company.
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