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Ganji.com Online Job Recruitment Revenue Up 160% in 2014

DoNews, 3/10/15

At the company's second annual "Recruitment Day" event held yesterday, online classified website Ganji.com CEO Mark Yang discussed the company's job recruitment business performance and future plans.

Ganji Recruitment generated RMB 768 mln in revenue in 2014, up 160% YoY. Yang predicted that recruitment revenue will pass RMB 1.5 bln in 2015 and that target revenue for 2016 is RMB 3.0 bln. Ganji Recruitment has 5.48 mln corporate customers, primarily concentrated in the service industry and contract manufacturing. Only 10% of the enterprise users pay for Ganji's recruitment services, and the average monthly fee is RMB 88.

Single-day job postings have already reached 380,000 in 2015, according to Ganji.com figures. 715,000 resumes are added to the site daily, which is 3.5 times the rate over the same period last year. Daily resume submissions have reached 3.5 mln, up 400% YoY. Moreover, during the ten-day period from February 23 to March 4, just after the Chinese New Year holidays, Ganji.com's recruitment site attracted 2.4 bln page views from 170 mln unique visitors.

Concerning Ganji.com's future, Yang also announced that the company has fully begun preparations for an IPO and is looking for the most suitable time to list.

Keywords: online recruitment Internet IPO revenue Ganji Mark Yang online classifieds Internet traffic

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