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…
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…
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: Tongdao Liepin buys $19 million in structured deposit products
The Latest: Online recruitment platform Tongdao Liepin Group (6100.HK) announced Monday it has subscribed to two structured deposit products from Xiamen International Bank through its subsidiaries for a total of 135 million yuan…
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: Morgan Stanley cuts stake in Tongdao Leipin
The latest: U.S. banking giant Morgan Stanley disclosed it sold about 228,000 shares of Tongdao Leipin Group (2013.HK) on Dec. 11, lowering its stake from 5.02% to 4.97%, according to a…
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…
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