Operator of Chinese e-recruitment platform Liepin.com, Wise Talent Technology Services Co, recently filed for its first initial public offering (IPO) in Hong Kong.
The company was founded in Beijing in 2011 by DAI Kebin, the previous Brand Manager for P&G's Grader China sector, and offers talent acquisition services such as recruitment, executive searching, recruitment process outsources, and claims 3.9 million signed up for their services by the end of 2017.
By filing with the HKEx, the venture aspires to use the new funding to aid its R&D branch as well as have hiring expansions among their engineers and data specialists, and increase IT investments. These expansions should take place within three years, and another portion of the capital will go back to further investments, acquisitions, and more.
Read more here.
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