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51job Inc's Business Segments
51job Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
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Largest Segment
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Total Revenue
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Regions Reported
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Annual Results
Revenue by Product & Service Category -
- Online Recruitment Services0%
- Other Human Resource Related Services0%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Online Recruitment Services | $ 2,147 | - |
| Other Human Resource Related Services | $ 1,542 | - |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of 51job Inc
51job Inc, also known as 51job.com or 51zhengzhou, is a Chinese human resources services company founded in 1998. The company is headquartered in Shanghai and has branches all over China, including Beijing, Guangzhou, Shenzhen, Chengdu, Hangzhou, and Wuhan. 51job.com was the first Chinese company in the online recruitment market to go public, and it currently trades on the NASDAQ stock exchange.
The core business of 51job.com is to provide HR solutions to job seekers and employers, including job search and recruitment services, talent assessment, training and development, and other HR-related services. 51job.com operates an online job search and recruitment platform, where both job seekers and employers can create profiles, search and apply for jobs, post job openings, and receive matching recommendations.
Apart from its core business, 51job.com also has several subsidiary businesses, including Focus Technology, a B2B e-commerce platform; 51talk, an online English tutoring service; and Lagou, a professional recruitment platform for the tech and engineering industries.
51job.com has a strong brand reputation in China and is one of the top HR service providers in the country. It has received several industry awards, including the 2021 China HR Service Industry Top 100 Award and the 2020 Forbes Global 2000 list. The company has a large user base, with over 153 million registered users as of June 30, 2021.
In recent years, 51job.com has also expanded its business overseas, establishing offices in North America, Asia-Pacific, and Europe. The company’s international business focuses on providing recruitment and other HR services to Chinese companies operating abroad, as well as foreign companies looking for Chinese talent.
51job.com has a strong financial performance, with total revenue of RMB05 billion ($948.5 million) in 2020, up4% from the previous year. The company’s net income was RMB2 billion ($189 million) in 2020, up 15.1% from the previous year. The company has a market capitalization of $6.44 billion as of August 2021.
Overall, 51job.com is a leading HR services provider in China, with a strong brand reputation, diverse business portfolio, and sound financial performance. The company is poised for further growth and innovation in the highly competitive online recruitment market.
The core business of 51job.com is to provide HR solutions to job seekers and employers, including job search and recruitment services, talent assessment, training and development, and other HR-related services. 51job.com operates an online job search and recruitment platform, where both job seekers and employers can create profiles, search and apply for jobs, post job openings, and receive matching recommendations.
Apart from its core business, 51job.com also has several subsidiary businesses, including Focus Technology, a B2B e-commerce platform; 51talk, an online English tutoring service; and Lagou, a professional recruitment platform for the tech and engineering industries.
51job.com has a strong brand reputation in China and is one of the top HR service providers in the country. It has received several industry awards, including the 2021 China HR Service Industry Top 100 Award and the 2020 Forbes Global 2000 list. The company has a large user base, with over 153 million registered users as of June 30, 2021.
In recent years, 51job.com has also expanded its business overseas, establishing offices in North America, Asia-Pacific, and Europe. The company’s international business focuses on providing recruitment and other HR services to Chinese companies operating abroad, as well as foreign companies looking for Chinese talent.
51job.com has a strong financial performance, with total revenue of RMB05 billion ($948.5 million) in 2020, up4% from the previous year. The company’s net income was RMB2 billion ($189 million) in 2020, up 15.1% from the previous year. The company has a market capitalization of $6.44 billion as of August 2021.
Overall, 51job.com is a leading HR services provider in China, with a strong brand reputation, diverse business portfolio, and sound financial performance. The company is poised for further growth and innovation in the highly competitive online recruitment market.
51job Inc. is a prominent human resource solutions provider in China, offering an extensive array of segments, products, and services to cater to the diverse needs of individuals and organizations within the context of the evolving labor market. Below is a detailed exploration of these offerings:
Segments
1. Online Recruitment Services:
51job excels in providing a robust online recruitment platform that connects job seekers with employers.
- Job Seeker Features:
- Job Search: Users can filter job listings based on various criteria, including keywords, location, industry, and experience level.
- Resume Database: Job seekers can create detailed online profiles and store their resumes, making it easier for potential employers to find suitable candidates.
- Profile Visibility Options: Individuals can adjust the visibility of their profiles, allowing them to either keep their job search discreet or enable broad access to recruiters.
- Employer Features:
- Job Posting: Companies can easily post job openings, manage applications, and track the recruitment process through an intuitive interface.
- Candidate Search Tools: Employers have access to advanced search capabilities to identify ideal candidates from the resume database based on their qualifications and experience.
- Applicant Tracking System (ATS): Employers can utilize integrated ATS functionalities to streamline recruitment workflows and enhance candidate management.
2. Print Advertising:
To complement its online services, 51job publishes print materials such as newspapers and magazines, targeting various demographics to promote job openings.
- Distribution: These print products are strategically circulated across major cities and regions in China, ensuring a wide reach to potential job seekers.
- Targeted Advertising: Advertisements can be tailored to specific industries, regions, and demographics, increasing the likelihood of attracting qualified candidates.
3. Value-Added HR Services:
51job offers a variety of comprehensive HR solutions designed to assist companies in managing their human capital effectively.
- Outsourcing Services: Organizations can outsource specific HR functions, including payroll processing, recruitment, and employee management, allowing them to concentrate on core business objectives.
- Campus Recruitment: Specialized services that help companies connect with potential candidates from universities and educational institutions, facilitating an efficient transition from academic to professional life.
- Training and Development: Customizable training programs aimed at enhancing employees skills and improving overall workforce performance.
- Executive Search Services: Aimed at identifying and recruiting top-level executives and management personnel.
4. Other Related Services:
51job extends its offerings to include various services that enhance HR functions.
- Employee Assessment: Tools and assessments designed to identify candidate competencies, personality traits, and cultural fit, helping organizations make informed hiring decisions.
- Compliance and Risk Management: Services that ensure adherence to labor laws and regulations, reducing legal risks for companies.
- HR Consulting: Expert consulting services to guide organizations in optimizing their HR strategies and improving operational efficiencies.
Products
1. For Job Seekers:
- Premium Membership Services: Subscription-based services that provide access to enhanced features such as priority job listings, direct connections with recruiters, and personalized job recommendations.
- Talent Recommendation Services: Algorithms that match job seekers with job openings based on their profiles and preferences.
- Career Development Resources: A suite of tools including interview preparation tips, career planning guidance, and comprehensive salary surveys to inform job seekers of market conditions.
2. For Employers:
- Background Verification Services: Thorough screening and verification tools to ensure that candidates meet the required qualifications and background checks.
- Enterprise Recruitment Management Systems: Comprehensive platforms designed to streamline the entire recruitment process within large organizations.
- HR Management Software: Tailored solutions that include tools for employee management, performance tracking, and talent development.
- Customized HR Services: Solutions tailored to specific business needs, backing organizations in achieving their HR objectives efficiently.
Overall, 51job Inc. provides a holistic range of segments, products, and services that cater to the distinct needs of both job seekers and employers. By leveraging its extensive platform and resources, 51job not only creates a competitive advantage within the Chinese labor market but also supports companies in achieving their human resource goals while empowering individuals to find suitable and fulfilling job opportunities.
Segments
1. Online Recruitment Services:
51job excels in providing a robust online recruitment platform that connects job seekers with employers.
- Job Seeker Features:
- Job Search: Users can filter job listings based on various criteria, including keywords, location, industry, and experience level.
- Resume Database: Job seekers can create detailed online profiles and store their resumes, making it easier for potential employers to find suitable candidates.
- Profile Visibility Options: Individuals can adjust the visibility of their profiles, allowing them to either keep their job search discreet or enable broad access to recruiters.
- Employer Features:
- Job Posting: Companies can easily post job openings, manage applications, and track the recruitment process through an intuitive interface.
- Candidate Search Tools: Employers have access to advanced search capabilities to identify ideal candidates from the resume database based on their qualifications and experience.
- Applicant Tracking System (ATS): Employers can utilize integrated ATS functionalities to streamline recruitment workflows and enhance candidate management.
2. Print Advertising:
To complement its online services, 51job publishes print materials such as newspapers and magazines, targeting various demographics to promote job openings.
- Distribution: These print products are strategically circulated across major cities and regions in China, ensuring a wide reach to potential job seekers.
- Targeted Advertising: Advertisements can be tailored to specific industries, regions, and demographics, increasing the likelihood of attracting qualified candidates.
3. Value-Added HR Services:
51job offers a variety of comprehensive HR solutions designed to assist companies in managing their human capital effectively.
- Outsourcing Services: Organizations can outsource specific HR functions, including payroll processing, recruitment, and employee management, allowing them to concentrate on core business objectives.
- Campus Recruitment: Specialized services that help companies connect with potential candidates from universities and educational institutions, facilitating an efficient transition from academic to professional life.
- Training and Development: Customizable training programs aimed at enhancing employees skills and improving overall workforce performance.
- Executive Search Services: Aimed at identifying and recruiting top-level executives and management personnel.
4. Other Related Services:
51job extends its offerings to include various services that enhance HR functions.
- Employee Assessment: Tools and assessments designed to identify candidate competencies, personality traits, and cultural fit, helping organizations make informed hiring decisions.
- Compliance and Risk Management: Services that ensure adherence to labor laws and regulations, reducing legal risks for companies.
- HR Consulting: Expert consulting services to guide organizations in optimizing their HR strategies and improving operational efficiencies.
Products
1. For Job Seekers:
- Premium Membership Services: Subscription-based services that provide access to enhanced features such as priority job listings, direct connections with recruiters, and personalized job recommendations.
- Talent Recommendation Services: Algorithms that match job seekers with job openings based on their profiles and preferences.
- Career Development Resources: A suite of tools including interview preparation tips, career planning guidance, and comprehensive salary surveys to inform job seekers of market conditions.
2. For Employers:
- Background Verification Services: Thorough screening and verification tools to ensure that candidates meet the required qualifications and background checks.
- Enterprise Recruitment Management Systems: Comprehensive platforms designed to streamline the entire recruitment process within large organizations.
- HR Management Software: Tailored solutions that include tools for employee management, performance tracking, and talent development.
- Customized HR Services: Solutions tailored to specific business needs, backing organizations in achieving their HR objectives efficiently.
Overall, 51job Inc. provides a holistic range of segments, products, and services that cater to the distinct needs of both job seekers and employers. By leveraging its extensive platform and resources, 51job not only creates a competitive advantage within the Chinese labor market but also supports companies in achieving their human resource goals while empowering individuals to find suitable and fulfilling job opportunities.