Business, Internet

Chinese Recruitment Website Acquires Two Companies For CNY268.7 Million

The recruitment website recently acquired two companies and Beijing Zhiding Youyuan Management Consulting Co., Ltd. for a combined sum of CNY268.7 million. revealed that they invested CNY250 million in the acquisition of, which is also a recruitment website. Headquartered in Shanghai, was launched in 2007. The company mainly offers full-time and part-time jobs for graduates and students. At present, the company claims to have eight million registered users.

Apart from the acquisition of, bought a 60% stake in Beijing Zhiding Youyuan Management Consulting Co., Ltd. for CNY18.7 million in June 2015. Based on the recent report published by, Zhiding Youyuan was founded in 2010. Specializing in individual talent and quality assessment services, the company mainly serves corporate clients.

In addition, said that the company implemented some non-controlling investments in the second quarter of 2015 and the total investment scale reached CNY20.1 million.

Image Credit: leungchopan

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