Chinese jobs website Zhaopin files for US IPO

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It is new to me, the LinkedIn in China. It is jumping on the bandwagon of tech bubble, IMO...

Chinese jobs website Zhaopin files for US IPO
06 May 2014 06:43
Chinese jobs website operator Zhaopin Ltd filed with US regulators to raise up to US$100 million in an initial public offering of American depositary shares.

SEEK International Investments, controlled by SEEK Ltd, which provides online employment advertising, training courses and invests in online employment marketplaces, holds 79 per cent of Zhaopin shares.

Beijing-based Zhaopin operates zhaopin.com and was China's second-largest online recruitment services provider by 2013 revenue, the company said on Monday citing market research firm iResearch Public Data.

Zhaopin said it reported a loss of RMB 20.51 (US$3.28) per share for the year ended June 30, 2013, compared with a profit of RMB 1.68 per share a year earlier.
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Source: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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