Chinese Job Recruitment App Raises RMB200 Million
Shanghai-based online recruitment app HunterOn says it has raised RMB200 million to expand its recruitment services to more sectors, including finance, healthcare and consumer.
UOB Venture Management, an investment arm of Singapore’s United Overseas Bank Group, led the series C round, and existing investor IDG Capital Partners also participated in the round.
Founded in 2012, HunterOn provides a platform connecting recruiters and headhunters. Its web and mobile apps aggregate 20,000 headhunting companies and 60,000 headhunters, providing services to 30,000 companies.
The company previously raised US$10 million in a series A round from IDG and China Growth Capital in 2014. It completed a US$20 million series B financing led by Sequoia Capital with participation from IDG Capital in the same year.
The hiring of senior level professionals is mostly conducted via headhunters in China, and HunterOn is creating an Alibaba-like platform for human resources, UOB Venture Management said in a statement.