Ireland-based Saongroup.com, one of the world's leading online
recruitment groups, yesterday announced it will invest US$5 million
in job001.cn to form a partnership with the online recruitment firm
based in Zhongshan in South China's Guangdong Province.
The move is seen as a bid to turn job001.cn into a flagship for
online human resource services throughout southern China.
The Irish group will pour US$5 million into the Zhongshan-based
online recruitment website with the aim of upgrading IT hardware
and software, as well as developing new ways of profiting from
recruiters and advertisers. Saongroup.com will also provide
international consulting services, operational experience, and help
the local firm formulate marketing strategy.
Leslie Buckley, chairman of Saongroup.com, said he is confident
Zhongshan's online recruitment business has a strong future, based
on rapid economic development in the province.
"Our cooperation with job001.cn will result in a powerful,
professional and interactive platform for recruitment and
employment for both businesses and individual users," he said.
The partnership is the Irish group's first step into the South
China market. In the past six months, Saongroup.com has forged
partnerships with SHjob.cn in Shanghai, MyJob.com.cn in Beijing and
job1998.com in Tianjin.
(China Daily November 16, 2006)