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Tech roundup: Singapore-based Glints raises $50 million in funding round, Japan-based DTS acquires Partners Information

31 August 2022

DTS Corp.

DTS Corp., an IT services firm based in Tokyo, Japan, is acquiring a 51% stake in Partners Information Technology Inc., an IT staffing and services company based in California, US. Partners operates under the brand name Calance and is led by CEO Amit Govil.

Calance was established in October...


Australia – Airtasker full year revenue jumps 18.4%

30 August 2022

Australia-based B2C talent platform Airtasker reported revenue yesterday for the full year ended 30 June 2022 of AUD 31.5 million (USD 21.8 million), an increase of 18.4% year on year.

Gross marketplace volume stood at AUD 189.6 million (USD 131.6 million), up 23.8% on the prior year.

(AUD millions) ...


Australia – AD1 Holdings to acquire Scout Talent Group

30 August 2022

Career site creator AD1 Holdings (AD1:AU) announced that it has entered into a share sale agreement for the acquisition of Scout Talent Group, an Australian-based software-as-a-service talent acquisition platform for a total consideration of AUD 65 million (USD 45.1 million).

Scout was stablished in Brisbane...


India – People 2.0 acquires HR consulting and employer-of-record services provider Husys

30 August 2022

People2.0, a provider of outsourced employer-of-record and agent-of-record services based in the US, acquired Husys, an India-based HR consulting and employer-of-record services provider.

The acquisition expands People2.0’s footprint in the Indian market while providing Husys with additional capabilities...


Asia Pacific – Less than a third of businesses are well prepared for disruption amid increased focus on future-readiness

30 August 2022

While the majority, (92%) of businesses in Asia Pacific say that an adaptive culture and continuous employee upskilling is very important, only 30% say their organisation is ‘very prepared’ for unexpected changes or disruptions, according to research by Harvard Business Review Analytic Services commissioned...


Australia – PeopleIN full year revenue jumps 54% as acquisitions drive growth

26 August 2022

Australia-based staffing firm People IN reported revenue for the full year ended 30 June 2022 of AUD 682.3 million (USD 475.2 million), up 53.6% compared to the same period a year ago.

The growth in the business during FY22 is attributed to an increased organic demand for staffing services in the sectors...


Australia – AD1 Holdings full year revenue from operations rises 12%, cash receipts climb 35%

26 August 2022

Job search site AD1 Holdings (AD1:AU) published its results for the financial year ended 30 June 2022.

The group reported revenue from operations of AUD 5.9 million (USD 4.1 million), an increase of 12% on the prior corresponding period (pcp) of FY 2021 and cash receipts from customers stood at AUD 6.8...


Australia – Hiremii full year revenue rises 64.9% on back of Inverse Group acquisition

26 August 2022

Hiremii, an Australia-based staffing platform for temporary and permanent hiring, published its annual reported today for the full year 2022.

Earlier this year the group published an update for its fourth quarter 2022 results.

For FY 20222 revenue stood at AUD 11.4 million (USD 7.9 million), up 64.9% when...


Australia – Workplace relations minister takes aim at gig economy, plans to extend rights for gig workers (Sydney Morning Herald)

26 August 2022

Australia’s federal government is preparing a sweeping expansion of the industrial relations system, declaring Uber-style labour contracts a “cancer” on the Australian economy, and is launching talks with major players such as Uber and Deliveroo on how to extend traditional employee rights to gig...


Australia – Ignite full year revenue ticks up 1.4%, growth from specialist recruitment offset by decline in On Demand IT services business

25 August 2022

Australian recruitment firm Ignite (IGN:ASX) published its preliminary final report today reporting revenue increased by 1.4% for the year ended 30 June 2022 to AUD 115.5 million (USD 80.6 million).

Gross profit increased by 4.5% increased to AUD 14.1 million (USD 9.8 million) while gross margin increased...