Loyal Sun Holdings (LSH), the operator of online job portal Job178.com.tw, secured seed financing from INSPiRE Investment and ICP.

Different from traditional job sites that require up-front fees for placing vacancies and ads, Job178.com.tw does not charge for their services unless their clients hire the jobseekers.

Another unique feature is the site shares 10% to 15% of the success fee to the jobseeker. This means the jobseeker who successfully changed his/her job receive a monetary gift upon the request to the site. Launched in June 2013, the Taiwan-based service plans to expand its business to Pan-Asia.

This business model benefits all the three parties in the transaction. Business clients can save their initial posting fees. The site may attract more clients, and therefore, more jobseekers. The jobseekers can access more positions and a bonus if they can get a job.

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.

Leave a comment

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.