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58.com Establishes Recruitment Authenticity and Security Program

Tencent Tech, 8/08/17

Chinese online classifieds site 58.com (NYSE: WUBA) has partnered with internet companies JD.com (Nasdaq: JD), Ctrip (Nasdaq: CTRP), and Meituan-Dianping to launch a program that will better ensure the authenticity and security of recruitment information.

The program involves partnerships with more than 300 enterprises and 8,000 platform accounts, and has set up brand protection and joint management mechanisms to protect legitimate businesses and ensure the safety of job candidates.

58.com's recruitment verification program strengthens platform and third-party audits of businesses' registration details and legal representative information, and requires users that post classified job announcements to clarify their relationship with the business. The enterprise account verification process has also been strengthened, so that enterprise users will now be required to submit to the platform a form detailing their information to verify their identity.

58.com has also set up several credit verification systems that are able to query databases maintained by the State Administration for Industry and Commerce, and consumer credit rating services Sesame Credit and Tencent Credit. When the system detects an abnormality, its big data automated warning system will be initiated, and will either block the user's account or require stricter verification measures and manual checking processes to ensure user's information security.

Currently, 58.com's program has partnered with more than 300 enterprises including Ctrip, Meituan-Dianping, Foxconn (2038.HK; 2354.TW), Zhenai.com, S.F. Express (002352.SZ), ZJS Express, Xiaoju Kuaizhi Inc ("Didi Chuxing"), and JD.com, to improve enterprise verification processes.

During the project's next phase, 58.com plans to comprehensively upgrade its recruitment verification measures to create a safer environment for online recruitment.

Keywords: online recruitment Internet 58.com WUBA

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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