South Korean job board Saramin, previously known as Saramin HR, announced it has entered the part-time job matching business with the acquisition of Lara Job, based in Seoul.

Lara Job, operates part-time job matching platform 'Neighbourhood Alba'. 

At its board meeting held on the 25th, Saramin approved the proposal to acquire 222,820 shares of Lara Job. Saramin plans to complete follow-up actions such as the acquisition of old stock and issuance of new stock by August.

Neighbourhood Alba, run by Lara Job, is a matching platform that recommends jobs based on the area where part-timers and employers live or work. The platform allows part-timers and employers to match with each other in the fastest and most convenient way, the company said. Part-timers register information, such as their career and qualifications, and desired working conditions, such as desired region and date, in their profile. Part-time job offers will then arrive from nearby employers.

The group added that job seekers who want a side job near the neighbourhood can easily find a job.

According to the platform, employers who are struggling to find a part-time job can also use it conveniently. They can easily check part-time job profiles and communicate using the real-time chat function within the app to coordinate schedules. It also uses AI to analyse and recommend part-timers with the conditions that the employers are searching for. Furthermore, in the case of a sudden departure or no-show, employers can actively propose jobs and find replacements quickly.

The group said its platform has been downloaded more than 1.5 million times so far, and the maximum number of monthly active users (MAU) has been recorded at 170,000.

Saramin CEO Kim Yong-hwan said, “Through the acquisition of Lara Job, we have been able to pioneer a market with great opportunities with a new and innovative model.” We will do everything in our power to set a new standard in the market.”