Thursday, February 03, 2005

The world's largest job search Web site buys Stake in

From Monster Buys Stake in

"Monster Worldwide Inc., which operates the world's largest job search Web site, said Wednesday that it acquired a 40 percent stake in Holdings Ltd., the owner of online recreuitment site, for $50 million."

"As a result of the transaction, Monster Worldwide will initially occupy three of seven seats on ChinaHR's board. Monster also will have certain rights and obligations to purchase a stake of 51 percent or more in ChinaHR in the event of an initial public offering or in three years, whichever comes first." Read more

China Net Investor: ChinaHR/Monster face competition from China's No. 1 online recruitment company 51Job Inc.


At 2:29 AM, Blogger Natarajaprabhu said...

Hi friends,
Nowadays job search is easy one.


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