Monster revenue drops by 17% in Q4
The revenue of job board Monster continued its slide and fell by another 17% in the fourth quarter. Despite that, the revenue of the North American operations of the owner company Randstad has increased by 7%, faster growth than seen earlier.
In Morocco, job board ReKrute deploys AI-powered search
Moroccan jobs site ReKrute.com has just rolled AI-powered algorithm for sourcing not just active, but passive job-seekers as well. It also added a matching service, which enables search based on criteria ranked by recruiters in order of importance.
India-based horizontal Quikr increases revenue by 80%
Kinnevik now has a strong belief in Indian classified giant Quikr. In 2017, it downgraded the value of Quikr but in 2018 Quikr has regained its value in the books of the Swedish Investment company. The valuation in the year-end report values Quikr with an equity value of $1,081 million. Kinnevik owns 17 percent of Quikr. The revaluation of Quikr has been done in the...
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WirKaufenDeinAuto.de transforms into a marketplace
The German used car purchasing site WirKaufenDeinAuto.de starts offering private buyers the possibility to buy vehicles directly on their platform. Until now, the site could only be used to sell vehicles.
CareerIndex.jp introduces income assessment service
Career change site CareerIndex.jp has introduced annual income assessment service to help job changers predetermine monetary benefits…
Japan-based job vertical MiiDas deploys encryption tech
The recruitment service is using secret computing technology such as homomorphic encryption developed by Japanese National Institute of Information and Communications Technology for privacy protection…
Mercari strengthens fraud countermeasures
Flea market app Mercari has introduced major changes in specifications concerning registration of personal information for exhibition…
Google launches Hire for U.K. recruitment
Google has launched its recruitment application Google Hire in the U.K. It was launched in the U.S. in July 2017 and is now available for the U.K. jobs market. It lets users post jobs to multiple sites, allows them to track applications and use email templates for recruitment campaigns. All the app’s tools integrate with other Google services like Google for Jobs which combines roles...
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OLX closes two offices, lays off 70
OLX Group has closed its offices in Panama and Costa Rica, and laid off 50 workers at its Buenos Aires regional headquarters.
Alma Media increases digital revenue in FY2018
Alma Media’s Markets division, which houses the company's classified businesses*, increased both revenue and profit considerably during Q4 FY2018 and the full financial year.