BRIEF: Kanzhun’s profit rises 67% in third quarter on hiring rebound
Boss Zhipin recruitment platform operator Kanzhun Ltd. (2076.HK; BZ.US) reported strong third-quarter results on Tuesday, fueled by recovering hiring activity and improved commercialization efficiency. The company’s revenue for the three months through…
Its growth cooling, can Kanzhun stay employed in a slowing economy?
China’s leading recruitment company delivered double-digit third-quarter growth for most of its major metrics, though its revenue growth showed signs of slowing Key Takeaways: Kanzhun’s revenue grew nearly 20% in…
FAST NEWS: JPMorgan raises Kanzhun stake to over 10%
The Latest: U.S. banking giant JPMorgan purchased about 2.17 million Hong Kong-listed shares of Kanzhun Ltd. (BZ.US; 2076.HK) on Sept. 20, raising its stake in the operator of the popular…
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…
BridgeHR rides gig economy to Hong Kong IPO
China’s largest supplier of temporary employees is hoping to tempt investors with ‘its gig economy’ story, even as it relies heavily on one major customer Key Takeways: BridgeHR has filed…
FAST NEWS: JPMorgan boosts Kanzhun stake
The Latest: U.S. banking giant JPMorgan purchased about 10.73 million Hong Kong-listed shares of Kanzhun Ltd. (BZ.US; 2076.HK) on Jun. 3, raising its stake in the operator of the Boss…
FAST NEWS: Kanzhun surges on strong profit, share repurchase plan
The latest: Kanzhun Ltd. (BZ.US; 2076.HK), operator of the Boss Zhipin recruitment app, reported a net profit of 1.1 billion yuan ($153 million) for 2023, far ahead of its 107…