SINGAPORE, Aug 20, 2021 – (ACN Newswire) – SEEK Slight (SEEK), the Australian listed tech company which owns two main on-line employment marketplaces JobStreet and JobsDB in Southeast Asia, nowadays introduced a USD48M funding in JobKorea, Korea’s greatest on-line employment platform. SEEK will occupy a 10% stake, and Peter Bithos, CEO of SEEK Asia, will join JobKorea’s Board.
Commenting on the funding, Peter acknowledged: “This partnership is a huge retract no longer most effective for SEEK and JobKorea, nonetheless more importantly for all jobseekers and employers in Asia. With JobKorea, the main job marketplace in Korea, we can now contact the lives of an additional 25 million jobseekers and 5 million employers in one in every of the greatest economies on this planet.”
“Through this funding, we think forward to serving to JobKorea with our market-main insights into big info, the right map to leverage AI, and our industrial and technical expertise building the main jobs and occupation marketplaces across APAC,” he added. “We moreover predict forward to learning from JobKorea because it continues to plot on its management in one in every of Asia’s most dynamic, sophisticated markets.”
This funding will present a risk for SEEK to add charge to JobKorea’s market main field, whereas SEEK specializes in its operations, swiftly-monitoring its ongoing transformation and converse of its present Asia companies. SEEK’s digital teams proceed to plot fundamental inroads in building products and solutions pushed by AI and market info, which mixed with SEEK’s deep local insights and resources in every field, differentiate it from completely different worldwide players.
For JobKorea, this partnership will present a risk to leverage SEEK’s skilled management personnel and their well-known expertise in operating world on-line employment and human capital management platforms.
Yoon Byung-joon, CEO of JobKorea, acknowledged “We are pleased to hold a partnership with SEEK, an organization with a wealth of expertise in the world on-line employment market. We deem that this relationship could be a risk for JobKorea to plot a quantum leap to the next level. With opponents becoming ever fiercer to hire proficient people comparable to correct managers, developers or tech specialists, JobKorea will switch toward a world HR platform that connects the Korean employment marketplace internationally.”
The final 90% of JobKorea is owned by Affinity Equity Partners (AEP), a number one world interior most equity player and the greatest in Korea. AEP obtained 100% of JobKorea in Could perchance perchance well 2021.
SEEK is a diverse community of corporations, produced from a stable portfolio of on-line employment, tutorial, industrial and volunteer companies. SEEK has a world presence (in conjunction with Australia, Contemporary Zealand, China, Hong Kong, South-East Asia, Brazil and Mexico), with publicity to over 2.9 billion people and roughly 27 per cent of world GDP. SEEK makes a certain contribution to people’s lives on a world scale. SEEK is listed on the Australian Securities Alternate, the set apart it’s a top 100 company and has been listed in the Top 20 Most Innovative Companies by Forbes.
SEEK operates main on-line employment marketplaces across Asia by map of JobStreet (https://www.jobstreet.com.sg/) and JobsDB (https://sg.jobsdb.com/), with presence in Hong Kong, Indonesia, Malaysia, Shenzhen, Singapore, Thailand, and the Philippines. The trade has a stable trace and a well-known presence in the South East Asia field, attracting 400 million visits a one year. https://www.gaze.com.au/about/
JobKorea, established in 1996, is the greatest on-line employment marketplace platform operator in Korea. The Company operates two on-line employment marketplaces, JobKorea (corpulent-time) and Albamon (fragment-time), the set apart employers field their job postings and candidates search by map of the platforms to win right positions. JobKorea is the finest employment marketplace platform in Korea that companies every corpulent time and fragment time markets.
As the #1 player, JobKorea has 25 million jobseekers and 5 million employers with 11 million weird company and 110 million job postings in as of yearend 2020. https://www.jobkorea.co.kr/
Supply: SEEK Slight
Sectors: Day-to-day Finance, Human Resources, Digitalization, Native Biz
From the Asia Company Data Network
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