Crowdsourcing Recruiting App Renren: Everyone Can be A Headhunter

Renren Headhunting, a crowdsourcing recruiting mobile app, just announced its A-round funding of RMB 20 million. Two investors are involved in this deal, and names are still confidential. (in Chinese)

The business model of this app is obvious, as the name has explained by itself. Everyone can be a headhunter (renren= everyone in Chinese) on this platform — it seems to have nothing to do with Renren the SNS.

Launched in September 2012, the company claimed that its monthly revenue as of March has already hit over millions.  Users, employees, company recruiters, or even members of the public, are encouraged to post jobs and partake in recruiting process with rewards . Once your referral gets hired, you can get the reward, and sometimes the amount could be very big.

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