Wanted acquires KreditJob

10 Jul 2018

South Korean referral recruiting site Wanted.co.kr  has acquired job site KreditJob.com for an undisclosed sum, DealStreetAsia reported on Monday.

“The acquisition will give Wanted the exclusive ownership of KreditJob.com and all of its aggregated data gathered across more than 420,000 companies in South Korea,” DealStreetAsia said, citing a statement.

Founded in 2015, the company has expanded to Hong Kong, Singapore, Taiwan, and Japan. Its operator Wanted Lab has so far raised $10.4 million U.S. in investment. The startup’s monthly revenue has soared 256 percent year-over-year since 2015, according to Forbes

Seoul-based KreditJob crunches corporate data to provide job-seekers with turnover rate, remuneration trends and other information to help them choose a job, according to CbInsights.

In June, Wanted Korea saw 140,000 visitors on its desktop and mobile sites, according to SimilarWeb. The market leader Incruit.com saw 1.1 million visitors during the same period.

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Tariq Ahmed Saeedi

Tariq Ahmed Saeedi writes stories on sharing economies in Asia – particularly Japan, Taiwan, Vietnam, Korea, Pakistan, Bangladesh and Iran. He joined the AIM Group in January 2016. Tariq is also a spotter, monitoring global marketplace industry’s updates. He carries more than 15 years of writing experience. Tariq frequently contributes economic/tech news and analysis to a daily The News International and a magazine. He has also written features and interview articles for various other publications and some of his write-ups have been cited for references in reports by the World Bank and archived in Florida Institute of Technology’s library. Tariq has also narrated corporate website content for Audi importer in Pakistan and others. He started his career from a television’s current affairs department in 2003 and later joined the country’s premier news agency Pakistan Press International.