Brazilian jobs site Revelo, formerly known as Contratado.me, raised $4.6 million U.S. in its latest financing round led by Latin America’s focused venture capital fund Valor Capital. Australia’s jobs sites operator Seek also joined the financing round.
A little more than a year after investing a rumored $1 million AUD ($778,481 U.S.) in Sidekicker, a marketplace for on-demand staff, Australia’s leading job site Seek (ASX: SEK) has increased its stake in the startup to 74 percent.
Found Careers (at Found.careers), an Australian start-up, rolled out a campaign of LinkedIn ads to capitalize on growing discontent in the recruitment industry over the association job site Seek (ASX: SEK) has with Onploy, a start-up that connects job seekers directly with employers.
Onploy, an Australian recruitment marketplace that connects pre-screened job seekers with employers, is ruffling feathers in the recruitment industry due to its association with Australian jobs site Seek (ASX: SEK).
A personnel reshuffle at Seek (ASX: SEK), Australia’s No.1 employment site, has seen three new appointments to the company’s executive leadership team, including the creation of two new roles — a chief commercial officer and director of careers and learning.
Zhaopin (招聘, NYSE: ZPIN), the most popular career platform in China as measured by average daily unique visitors, announced its financial results for the fourth quarter and the fiscal year ended June 30, 2017.
The results were in-line with the metronomic growth rate that the Beijing-based platform seems to manage to maintain year-to-year, now having maintained 11 consecutive quarters of growth above 20 per cent.
ASX-listed job site Seek (ASX: SEK) pushed its total revenue over the $1-billion AUD ($786 million U.S.) mark in FY2016/17 (to end-June). Roughly 40 percent of all revenue was generated in its home market of Australia, and the rest in other countries.
Sportspeople, the Australian job site focused on recruitment for the sport and fitness industry, is up for sale. The site, which launched in 1996, offers job listings, pre-employment assessments, performance appraisals, exit surveys, and also houses an education directory for training courses in the sports and fitness field.
Australian talent technology platform LiveHire (ASX: LVH) almost tripled its cash receipts in Q2 of FY2017 to $330,000 AUD from $124,000 AUD in Q2 of FY2016, but cash flow from operating activities remained in negative territory.
In Australia, the EBay-owned, general classifieds site Gumtree is preparing to take an even bigger bite out of the used-cars and jobs pie, after this week unveiling its redesigned website and mobile apps.