Changzhou Linglingyi Network Technology Company Limited

Changzhou Linglingyi Network Technology Company Limited is a technology firm that operates a platform for connecting part-time job seekers with businesses in China, streamlining the hiring process and enhancing user experience. Founded in 2015 in Changzhou, China, Changzhou Linglingyi Network Technology Company Limited focuses on providing a digital platform for part-time job opportunities. The company has successfully completed two funding deals, with the most recent being an Angel round in October 2019, raising CNY 3. 000 mn.

The deal was led by Lasa Gongjie Venture Investment. The firm has not reported any pivots in its business strategy or subsidiaries, and there are no indications of mergers or prior companies founded by its leadership. Its operations are centralized in Changzhou. 001兼职网 is a platform that simplifies the process of finding and managing part-time job opportunities.

It connects job seekers with various businesses offering temporary positions across multiple sectors without imposing intermediary fees, ensuring direct communication between employers and employees. Users can quickly withdraw earnings post-work, enhancing transaction efficiency, and the platform ensures user safety by offering compensation against fraud while implementing strict vetting processes for businesses to protect users. The revenue model of 001兼职网 relies on facilitating transactions between job seekers and employers without intermediary fees. Revenue is generated through service fees potentially paid by employers for job postings and enhanced features.

This B2B dynamic ensures a cost-effective solution for employers and flexible job opportunities for individuals, while wages are secured within the platform until job completion, fostering trust and reliability. The company aims to expand its platform by introducing new features designed to enhance job matching efficiency and user engagement, targeted for release in late 2023. Additionally, Changzhou Linglingyi Network Technology Company Limited is looking to expand its operations beyond Changzhou into major urban centers throughout China by 2024. The funds raised in the Angel round will support these initiatives, focusing on product development and market outreach strategies.