Zhaopin and Sohu Cooperate to Launch New Job Recruitment Portal

From ChinaKnowledge: Zhaopin and Sohu Cooperate to Launch New Job Recruitment Portal

"Zhaopin.com, a leading Chinese human resource website, and Nasdaq-listed web portal, Sohu.com Inc. have announced the launch of Job.Sohu.com. This cooperation will inevitably raise the competition among China’s online recruitment websites."

"This cooperation follows the similar strategic alliance of ChinaHR.com, 40% owned by Monster.com, and Sina.com in May, 2005. The cooperation of Zhaopin and Sohu will inevitably raise the competition among China’s online recruitment websites."

"According to People's Daily, there are more than 200 employment websites in China. Zhaopin.com, ChinaHR.com and Nasdaq-listed 51job.com, make up 70% of the market."