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Japan – Careerlink first quarter revenue up 19.8%

9 July 2021

Japanese staffing company Careerlink (6070: JP) reported revenue today for the first quarter ended 31 May 2021 of JPY 7.70 billion (USD 70.1 million), an increase of 19.8% compared to the previous year. 

(JPY millions) Q1 2021 Q1 2020 Change Q1 2021 (USD millions)
Revenue ...


China – Renrui HR expects revenue to rise 75%-85% in H1

9 July 2021

Renrui Human Resources Technology (6919: HKG), a mainland China-based flexible staffing service provided a business update for the six months ended 30 June 2021.

The management's estimate an increase in revenue of approximately 75% to 85% for the six-month period year on year. Net profits are expected...


India – Zomato targets $1.3 billion IPO as high as $8.6 billion valuation (TechCrunch)

9 July 2021

Food delivery work services platform Zomato said yesterday it has boosted its plan to raise $1.3 billion in its initial public offering, which opens on 14 July and closes 16 July, reports TechCrunch. The loss-making startup said it will price its shares in the range of INR 72 (USD 0.96) to 76 (USD 1.02)...


Japan – Hito Communications revenue up 15.7% as profits show uptick

8 July 2021

Japanese human resources provider Hito Communications (3654: JP) reported revenue for the nine months ending 31 May 2021 of JPY 61.25 billion (USD 557.3 million), an increase of 15.7% when compared to the same period last year.

JPY millions) 9 months 2021 9 months 2020 Change 9 months...


China – Government to protect workers’ rights in new labour forms to boost flexible employment

8 July 2021

The Chinese government said it will better protect the rights and interests of workers engaged in new forms of employment, to boost flexible employment, create jobs and increase people's income, reports Xinhua, citing an announcement from the State Council's executive meeting chaired by Premier Li Keqiang. ...


India – Hiring activity boosted by growth in IT and software sector

8 July 2021

Hiring activity in India grew by 95% in June 2021 when compared to June 2020 with growth led by the IT and software sector, according to the latest Naukri JobSpeak Index.

Year-on-year hiring in the IT-Software sector grew 163% in June 2021 against June 2020. Sectors such as Retail (+114%) and Telecom/ISP...


Malaysia – Jobless rate improves in May

8 July 2021

Malaysia’s unemployment rate in May stood at 4.5%, down 0.8% year-on-year, according to research from Statistics Malaysia.

As the country entered the second half of 2021, the Full Movement Control Order or 'total lockdown' was implemented in order to flatten the Covid-19 infection curve resulting in...


Japan – Dip Corp first quarter revenue up slightly, but profits sink

7 July 2021

Japan-based staffing firm and job board Dip Corp (2379: JP) reported revenue today for the first quarter ended 31 May 2021 of JPY 9.22 billion (USD 83.3 million), an increase of 0.6% compared to the same period last year. 

The group said the spread of the coronavirus continued to have a spillover...


Australia – AD1 Holdings CEO and managing director steps down

7 July 2021

Australia-based job search site AD1 Holdings (AD1:AU), announced that managing director and CEO Prashant Chandra has tendered his resignation effective today. Chandra has also submitted his resignation as joint Company Secretary effective today.

The Board of AD1 Holdings has appointed Brendan Kavenagh...


World – Recruit CEO says ‘job hunting is ‘totally broken’ - Staffing Quote of the week

7 July 2021

The Chief Executive Officer of Recruit Holdings, the largest staffing firm in Japan, Hisayuki Idekoba said the pandemic has made it clear that the process of matching people to jobs is “totally broken”. In an interview with Bloomberg, Idekoba said “We know the fact that billions and billions of...