Recruitment

Pakistani recruitment site raises $6.5M

Naseeb Networks Inc., the Pakistani parent company of the online employment marketplaces Rozee.pk in Pakistan and Mihnati.com in Saudi Arabia, announced last week that it had successfully raised $6.53 million in a Series C funding round. The investment, led by venture capital firms Vostok Nafta and Piton Capital, will be used to accelerate growth in the Pakistan and Saudi target markets. Founded...

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Indian job site’s revenue up by 25%

Info Edge Ltd, the Indian parent company of recruitment and real estate Internet portals such as Naukri.com and 99acres.com, reported operating profitability (EBITDA margins) of more than 53 percent for the fourth quarter ending March 31, 2015. This is largely due to 25 percent last quarter growth by Naukri.com, the company’s recruitment classifieds portal, which boosted the margins of the...

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New Partnerships for Spanish TuAd.es

TuAd.es is a generalist portal based in Spain, that also is present in Mexico and Colombia. The site, founded in 2013, focuses on integrating classifieds with the user’s existing digital community by encouraging contact via WhatsApp, Twitter, Facebook and other social networks. Its other key features include the ability to leave comments and feedback on ads, and user rankings (a la Trip...

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JobAndTalent Raises $25 Million

JobAndTalent.com, the Madrid and London-based recruitment classified, announced it has received $25 million in funding. Co-founder and co-CEO Felipe Navio said: “jobandtalent has secured $25M in funding as an extension of our $14M Series A investment round. With this investment, we aim to boost our expansion objectives and strengthen our market-leading position within the job matching...

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China’s Zhaopin focuses on SME sector

Chinese job board Zhaopin Ltd., which describes itself as “a leading career platform in China focused on connecting users with relevant job opportunities through their career lifecycle,” on May 27 announced its unaudited financial results for the third quarter that ended on March 31. Total revenue increased by 18.1 percent to RMB 317.5 million ($51.2 million U.S.), exceeding the upper end...

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Monster U.K. launches Twitter job ads

Monster U.K. launched a social recruitment advertising tool that enables recruiters to target candidates on social media. The new tool combines Monster’s candidate database and the personal and professional profiles of Twitters users. An automated process transforms a Monster job advertisement into a targeted social ad campaign, where job ads are served into the Twitter feeds of select...

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