Jobtong, a Chinese online recruitment service, has announced an RMB28 million (US$4.55m) round of funding from NetEase Capital, the investment arm of the internet portal and game company.
Jobtong started in 2007 as a sub-forum of Chinese social network Douban for users to post jobs, and now has more than 310,000 members and 100,000 companies which have posted vacancies. Feng Tao, the owner of the sub-forum, says he will leave his post at IBM to run Jobtong.
More than 6,000 mobile internet companies have posted over 30,000 jobs since the company focused on job recruitment for Chinese mobile internet companies and launched a redesigned website earlier this year, according to the company.
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