JobKorea
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JobKorea - overview
Established
1996
Location
Seoul, -, South Korea
Primary Industry
Internet
About
Founded in 1996 and based in Seoul, South Korea, JobKorea operates as a leading recruitment platform that connects job seekers with employers across various sectors, enhancing the hiring process through tailored services and resources. JobKorea is a prominent job placement platform that facilitates employment opportunities for individuals and recruitment solutions for businesses. The company was founded in 1996 in Seoul, South Korea. In August 2021, SEEK Limited acquired a 10% minority stake in JobKorea from Affinity Equity Partners for USD 48 mn.
JobKorea has successfully completed a total of 6 deals, with the latest funding round being a trade sale. The company's founder's history is not detailed in the available data. JobKorea provides comprehensive job placement and recruitment services, including a robust job search engine, career advice, and resume optimization resources. The platform serves a diverse clientele, from recent graduates to experienced professionals, and supports businesses looking to hire talent in a competitive job market.
Additionally, JobKorea offers insights into industry trends, salary benchmarks, and personalized job recommendations, further facilitating connections between job seekers and employers. The company generates income through partnerships with employers, offering subscription plans for job listings and recruitment solutions, as well as value-added services like resume writing and career workshops, tailored to meet the needs of businesses. JobKorea is focused on expanding its offerings and market presence. The recent acquisition by SEEK Limited will enhance JobKorea's resources and capabilities in the job and career marketplaces across Asia.
The platform aims to leverage this partnership to introduce new products and services targeted at improving the job-seeking experience. With the backing of USD 48 mn from the acquisition, JobKorea will invest in technology and infrastructure improvements while exploring opportunities for geographic expansion into emerging markets in Asia by 2023.
Current Investors
Affinity Equity Partners
Primary Industry
Internet
Sub Industries
Search Engines, Web Applications, HR & Workforce Software
Website
www.jobkorea.co.kr
Verticals
Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
JobKorea - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Jobplanet | - | ||||||||
| Add-on, Trade Sale | Completed | Ninehire Corp. | - | ||||||||
| Trade Sale | Completed | JobKorea | - | ||||||||
| Secondary Buyout | Completed | JobKorea | - | ||||||||
| Buyout | Completed | JobKorea | - |
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