Can Kanzhun keep up its game in critical year for employment in China?
The employment app faces big opportunities, but also challenges, as more people enter the workforce and signs emerge that companies may be ramping up recruitment Key Takeaways: Kanzhun’s net profit…
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…
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…
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: Tongdao Liepin’s revenue dips on lower hiring
The Latest: Online recruitment platform Tongdao Liepin Group (6100.HK) on Friday announced its revenue decreased 6.4% year-on-year to 471 million yuan ($66 million) in this year’s first quarter, while its net loss narrowed 72.7% to…
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…