ONLINE RECRUITMENT RESOURCE EYES ON CHINA MARKET

November 10, 2008 | BY

clpstaff &clp articles

Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China. Monster paid US$174 million…

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Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China.

Monster paid US$174 million for the remaining 55% stake in ChinaHR. Monster had previously acquired 45% of ChinaHR and made other loans to the company, for a total of US$95 million.