JobsDB

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JobsDB - overview

Established

1998

Location

Hong Kong, -, Hong Kong SAR - China

Primary Industry

Business Support Services

About

JobsDB is a prominent online job portal that connects job seekers with employers across Asia, facilitating recruitment and job searches effectively in key markets like Hong Kong, Singapore, and Thailand. Founded in 1998 and headquartered in Hong Kong, JobsDB operates as an online job portal that specializes in connecting job seekers with employers. The company was part of a significant business development in December 2010, when SEEK Asia acquired a 60% stake in JobsDB for HKD 1. 59 billion, with participation from Tiger Global, Macquarie Capital, and Consolidated Media Holdings.


Paul Magill serves as the CEO of the company. JobsDB operates as a leading online job portal that primarily connects job seekers with employers across key markets in Asia, specifically Hong Kong, Singapore, and Thailand. The company's core product offerings include a comprehensive job search platform that allows users to browse job listings, submit applications, and manage their resumes. In addition to job postings, JobsDB provides employers with recruitment solutions, enabling them to post job vacancies, screen candidates, and utilize various employer branding tools.


The platform is designed to facilitate the hiring process for a diverse array of industries, catering to both blue-collar and white-collar job seekers. With its focus on enhancing the recruitment experience, JobsDB aims to serve a wide range of end users, including individual job seekers and corporate clients seeking talent acquisition solutions. JobsDB generates revenue primarily through a subscription-based model and advertising partnerships. Employers seeking to post job listings and access candidate databases typically enter into subscription agreements that provide varying levels of service and exposure.


For example, companies may choose different pricing tiers based on the number of job postings, duration of listings, and access to premium features such as candidate analytics and enhanced visibility. Advertisements from third-party partners can also contribute to revenue streams, with specific pricing structures tied to the engagement levels of these ads. The company’s flagship service offerings, including its tailored recruitment solutions for businesses of varying sizes, play a crucial role in its revenue generation strategy while fostering long-term relationships with both employers and job seekers in its targeted geographical markets. JobsDB plans to utilize the recent funding to enhance its technological capabilities and improve its product offerings.


While specific new products are yet to be detailed, the focus will be on optimizing the user experience for both job seekers and employers. The company is also expected to explore expansion into additional Asian markets, aiming to establish a presence in regions with growing demand for job placement services. The funding from the Add-on round on December 23, 2010, will support these initiatives as JobsDB seeks to strengthen its market position and broaden its geographical reach.


Current Investors

SEEK, Consolidated Media Holdings

Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.jobsdb.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

JobsDB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedJobsDB-

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