Recruitment

One Africa Media acquires 100% of Jobberman

One Africa Media (OAM) pushed up its ownership share in Jobberman, Nigeria’s No. 1 recruitment website, to 100 percent and made the founders of Jobberman, Ayodeji Adewunmi, Opeyemi Awoyemi and Olalekan Olude, shareholders and directors of OAM. This comes after Australian-based Seek – the world’s largest online marketplace by market capitalization – injected an additional $10 million U.S....

Read More

Seek Limited invests $10m in Babajob

Indian blue-collar job portal Babajob.com announced this week it has raised a $10 million investment from Seek Limited (ASX:SEK), the world’s largest online employment marketplace. The funding will focus on developing mobile apps and improving Babajob’s telephony services such as ‘RapidHire’, which drives inbound phone calls from screened candidates to employers in minutes. The financial...

Read More

LinkedIn stock plunges on Q2 outlook

LinkedIn is less of a Wall Street darling today: Its stock value (NYSE:LNKD) dropped more than 20 percent between yesterday’s close and today’s opening on news that it expected choppy waters in Q2. By mid-day, LinkedIn shares were trading at about $200, down almost $52 from Thursday’s close. Revenue for Q1 was $637.7 million (34.8 percent better than Q1 2014) which beat...

Read More

InfoEmpleo Prepares 18th Annual Employment Report

InfoEmpleo.com is conducting research for its 18th annual employment report. The leading Spanish recruitment portal is running an online survey to gather information from human resources professionals, employees, candidates seeking working, and freelancers. It is addressing specific questions to each of the four group to compile an overview of the Spanish job market. Human resources professionals...

Read More

Seek Asia closing down JobsDB Malaysia May 31

Seek Asia is closing down JobsDB Malaysia at the end of May, a move that has been in the works for about a year, Seek says. Malaysian users on my.jobsdb.com/my are being advised to move their resumes and business to JobStreet.com, which since late 2014 is also a Seek-owned property. JobsDB also operates sites in Singapore, Hong Kong, Indonesia, Philippines, Thailand and China. The Malaysian...

Read More

Seek increases its stake in One Africa Media

Seek, the world’s largest online jobs marketplace by market capitalization, increased its stake in One Africa Media (OAM), one of Africa’s biggest classifieds players, to 30 percent from 24 percent. It invested $10 million U.S. for the additional 6 percent and a second representative on the OAM board… This content is available to Classified Intelligence Report clients. Want to know...

Read More