Written by ShopOne on Saturday, August 2nd, 2008 in Linked News.
Old news but still a fine read…
Selling Internet job listings in booming Asia seems like a cinch. But it was Mark Chang’s caution that’s made JobStreet a success.
When Malaysian Mark Chang started online job-listing company JobStreet in 1997, he figured it would earn him a regular paycheck and allow him to be his own boss, but he didn’t expect anything more. “I really thought it would be a mom-and-pop kind of thing,” he says. Fast-forward ten years: JobStreet is now Southeast Asia’s largest online employment company. It’s growing in Hong Kong and India, and it’s entered Japan.
The company, whose clients include the likes of Dell, Siemens and Canon, serves more than 45,000 employers and 4 million registered job seekers. Asia’s sizzling growth has meant plenty of business in industries from banking to manufacturing desperate to fill jobs. “When the economy is strong, companies need to keep expanding, so we get a lot of companies coming back to us,” says Chang. “When the unemployment rate in Singapore, for example, dips so low, companies must look outside of Singapore for labor. A company like us, on the Internet, can reach out to Malaysia, India, Indonesia, the Philippines and tap job seekers across the region.”
Full story…
Tags: Linked News