Tag: Stake

Avito acquires minority stake in GigAnt

Avito, the leading Russia-based horizontal, has acquired a 25% stake in GigAnt, a recruitment service focused on temporary staffing. The acquisition, which is estimated to be worth RUB 500 million ($7 million U.S.) is part of Avito’s goal of boosting its recruitment vertical.

Understanding The Congressional Report on Big Tech: Lots At Stake Here

Read Time23 Second The Congressional report on Big Tech is an important document. While I know many will see it as partisan, I found the research thorough and filled with important information. So I wanted to share my thoughts. How Important Tech Has Become I’ve been a part of the tech industry since the 1970s, and it has … Read more» The post Understanding…

En-Japan sells off JapanWork stake

Japanese jobs site operator En-Japan Inc. has decided to transfer its majority stake in JapanWork, a job-search site for foreigners, to a local investor. Falling recruitment demand was cited as a reason for the decision.

Agora increases stake in Online Technologies HR

The Polish media group Agora has significantly increased its stake in Online Technologies HR, which owns an online recruitment site HRLink.pl. Agora has now 79.8% of the company shares, up from 46,15% before the transaction. Agora’s total investment in Online Technologies is PLN 7.7 million ($2 million U.S.).

Karriere.at acquires majority stake in hokify

Karriere.at, the leader in the job classifieds market in Austria, has acquired a majority stake in hokify for an undisclosed amount. Hokify plans to expand its operations to Germany and to continue to establish itself in the recruiting of skilled workers in Austria within the next five years.

Ouest France buys a stake at startup Flatchr

French media group Ouest France bought a stake at a recruitment startup Flatchr thus continuing to build an ecosystem of recruitment-related portals. This article is only available to AIM Group clients. Please subscribe now or log in to view. The post Ouest France buys a stake at startup Flatchr appeared first on AIM Group.

Seek buys out News Corp.’s stake in Seek Asia

Australian recruitment giant Seek (ASX: SEK) will pay News Corp. $157 million AUD ($122 million U.S.) to become the sole owner of its Southeast Asian subsidiary Seek Asia. This article is only available to AIM Group clients. Please subscribe now or log in to view. The post Seek buys out News Corp.’s stake in Seek Asia appeared first on AIM Group.

Seek increases stake in SideKicker to 74 percent

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. The post Seek increases stake in SideKicker to 74 percent appeared first on AIM Group.

51job acquires majority stake in Lagou

51job Inc. (前程无忧, NASDAQ: JOBS), the leading recruitment platform in China by total users, has today announced that it has agreed to become majority shareholder of China’s leading tech-sector recruitment platform, Lagou (拉勾).  51job will acquire a 60 percent stake in Lagou for $119 million U.S. in cash, valuing Lagou at approximately $200 million U.S.. The transaction is expected to be completed in the…