University student temping site Qtshe.com has announced that it has broken its record for new users in a single day, with 150,000 sign-ups, a five-fold increase from late 2017.
Founded in 2013, Qtshe.com is a free-to-use site offering “zero hours” positions for China’s university student population. The platform now has more than five million users, with more than 90 percent currently enrolled in a university. The company claims that DAUs currently stand at 240,000 — which would place Qtshe.com at around the same level as China’s leading temping platform Doumi, according to data from Jiguang.cn. Doumi claims an MAU number of 20 million.
Qtshe.com was created with early-stage backing from Tencent executive vice president Liu Chengmin 刘成敏.
The company launched a new mini-program on AliPay, the fintech affiliate of e-commerce giant Alibaba (NYSE: BABA) in November. Originally created by Tencent for its WeChat social network in 2016, the mini-program concept has recently been taken up by Alipay, as well as search giant Baidu.
The Qtshe.com mini-program was launched in early-October. It’s already seeing very strong returns, amassing 300,000 users to date, according to company representatives.
The platform secured series B funding worth 60 million RMB ($9.1 million U.S.) in October 2017. The round was led by Anche Capital and was joined by classifieds platform Baixing and Liang Weiping 梁伟平 — founder of property listings platform Anjuke, which was acquired by 58.com in 2015.
Qtshe.com secured series A funding worth 55 million RMB in April 2016, led by crowdsourcing platform Zhubajie. It garnered a further 10 million RMB in an A+ round in July 2017, while also announcing that it had reached single-month profitability.
Qtshe.com announced a strategic partnership agreement with Baixing to explore cooperative avenues for expansion in the temping sector. It cites NetEase, Meituan.com, and Alibaba among its client end-users.