JOBSCENTRAL JOINS FORCES WITH CAREERBUILDER TO ENTER SOUTHEAST ASIA MARKET
JobsCentral Group announces acquisition by largest U.S. online job site CareerBuilder to expand into region
SINGAPORE, MAY 3rd 2011: The JobsCentral Group is set to expand its reach in the Southeast Asia online recruitment market, following an acquisition by CareerBuilder, the largest online job site in the United States.
By joining forces with CareerBuilder, JobsCentral is in a prime position to leverage on global resources and cutting edge technology to reaffirm its position as one of Singapore’s top job portals as well as advance into the immediate region.
“We’re very pleased to join the CareerBuilder family, which has a deep and broad suit of services and vast distribution network that will help us provide the best recruitment solutions to our clients and users,” said Mr Lim Der Shing, CEO of JobsCentral Group. “Like CareerBuilder, JobsCentral is more than just a job portal, and we look forward to growing our business in the region with this partnership.”
“Singapore has a prosperous economy, pervasive Internet use and a very low unemployment rate,” said Matt Ferguson, CEO of CareerBuilder. “It’s an ideal market for the online recruitment business and our new partner JobsCentral has an impressive track record. Combining CareerBuilder’s global resources with JobsCentral’s expertise in the Southeast Asia recruitment space will bring an even greater level of service to Singapore’s employers and job seekers.”
The JobsCentral Group is currently one of the largest career media players in Singapore with the flagship JobsCentral.com.sg job portal that has over 800,000 registered jobseekers, JobsCentral Learning that focuses on education services, the annual JobsCentral Career and Learning Fair that attracts 55,000 visitors and career magazines. The group also owns BrightSparks, the country’s largest scholarship and education platform for pre-tertiary students, as well as a fast-growing presence in Malaysia with JobsCentral.com.my
The brands JobsCentral and BrightSparks will continue to be used in Singapore as both enjoy strong brand recognition with employers, schools and jobseekers.
With the acquisition of the JobsCentral Group, CareerBuilder now operates in 21 countries worldwide, including the U.S., Europe, Canada and Asia.