China job site Zhaopin trading strongly after $75.7m US IPO
Chinese recruitment website Zhaopin is trading at around a 17% premium to its IPO price after raising $75.7 million through a US offering and receiving a parallel investment from Apax Partners.
Zhaopin is majority-owned by Australian job site Seek, which built up a 79% stake in the business between 2006 and 2013, providing an exit for VC investors such as iD TechVentures, Legend Capital, Orchid...
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