Major employment site, Indeed, has recently disclosed that they have purchased Resume.com, an internet site dedicated to letting users create their own resumes.
The sale was completed May 25th, 2018 but the details of the purchase weren’t divulged, other than, both companies will continue operating under their original names.
Resume.com began in 2014 and gives users the ability to refine and enhance their resumes to whatever inclinations they need. These tools will cost costumers a monthly fee to download and print out their resumes. Indeed intends to scratch that current service and allow users to print their resumes for free.
According to reports, Resume.com has nearly 3.5 million users, with an average of 40,000 resumes being created every week. Indeed will run Resume.com from now on, and their employees will be folded into the parent company which is located in Vancouver, Canada.
Indeed began back in 2004, which was later purchased by Recruit Holdings Co. Ltd. in 2012 a leader in job post collections and eventually focused on ‘pay-per-click’ price model according to the Staffing Industry Analysts’ Job Board Market Report from 2017.
That report said that: “Job aggregators originally helped drive traffic to traditional job boards (as it distributed their postings to a wider audience and made them easier to find); However, Indeed eventually began allowing end clients to post jobs directly to their site (as opposed to merely aggregating job postings from other sites).”
Senior VP of product for Indeed, Raj Mukherjee stated, “Resume.com provides job seekers with a vital résumé service and career tools to aid in their job search. We’re excited to add this site to Indeed’s offerings as it aligns perfectly with our mission of helping people get jobs."
Join us in Miami from the 20th to the 22nd of June for the Global Online Marketplaces Summit. Our summit theme is From Classifieds to Marketplaces – Capturing Value from the Transaction and we’ll hear from Global Leaders who are creating the Online Marketplaces of Tomorrow.