LinkedIn Expands Headhunting Reach Into China
LinkedIn, the U.S.-based social network for working professionals, announced that the company has signed a strategic cooperation agreement with Chinese human resources service organization China International Intellectech Cooperation.
Under the agreement, the two parties will join hands to provide global talent solutions to Chinese enterprises, especially large state-owned enterprises. To achieve their goals, they will implement several measures, including building a platform to attract overseas medium- and high-end talents and jointly release white papers for the human resources industry.
Meanwhile, LinkedIn and CIIC will work together in many other sectors, such as medium- and high-end talent recruitment, consulting services, employer brand improvement, and enterprise brand promotion.
CIIC currently has 126 branches in China and abroad, providing human resources and related services to state-owned enterprises and Fortune 500 enterprises which have operations in China.
Founded in 2003, LinkedIn is the world's leading professional network. The number of its users has reportedly reached over 400 million and its services cover more than 200 countries and regions around the world. It is one of the few large foreign social networks not blocked in China, largely because the company placates the Chinese government in censoring information on its website.
Financial terms of the deal were not released.