58.com Acquires ChinaHR.com

Chinese classified information website 58.com announced that the company has acquired the well-known recruitment website ChinaHR.com. However, no financial details were immediately available. On the completion of the acquisition, ChinaHR.com will maintain its independent operation, brand, and team. As a result of the acquisition, Ireland’s Saon Group, former parent company of ChinaHR.com, will withdraw itself […]

51job.com’s Online Recruitment Net Profit Down 9.7%

Chinese Internet recruitment website 51job.com published its financial report for the first quarter ended March 31, 2013, stating that its total operating revenue was CNY380.4 million, a year-on-year decrease of 0.1%, and its net profit was CNY108.8 million, a year-on-year decrease of 9.7%.