Youlife chases SPAC listing after death of Hong Kong IPO
The provider of services for blue-collar workers is nearing completion of a Nasdaq SPAC listing to raise a modest amount of cash Key Takeways: Youlife was approved by China’s securities…
Kanzhun works investors into selling frenzy with talk of ‘challenging times’
The leading digital recruitment company’s second-quarter revenue came in at the bottom end of its earlier guidance, as its founder asked investors for ‘confidence’ Key Takeaways: Shares of Kanzhun fell…
Kanzhun chronicles China’s job rebound, as investors frown on company’s high costs
The country’s leading recruitment services company returned to revenue growth in the first quarter, but its spending rose at an even faster rate Key Takeaways: Kanzhun reported its revenue rose…
Buyout Group Slashes Offer for 51Job, Others to Follow?
Human resources stalwart announces new privatization bid at $57.25 per ADS, down sharply from previous offer of $79.05 Key Takeaways: A buyout group attempting to privatize 51Job has slashed its…
Internet Stalwart 51job Shrugs Off Investors Ahead of Wall Street Exit
Company’s latest earnings show its quarterly profit dived on soaring marketing costs, as it anticipates ending its 17-year run on Wall Street by year-end Key Takeaways: • 51job’s second quarter…
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