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China – Online recruitment platform Liepin to acquire employee assessment site Wjx.cn

28 August 2019

Liepin, a China-based online recruitment platform announced that it will invest RMB 800 million RMB (USD 111.7 million) in online employee assessment, training and accreditation platform Wjx.cn.

Liepin will take a majority 66.6% stake in Wjx.cn in return for the investment, according to Sina.cn.

AIM Group reports that Wjx.cn sees around 100 million visits per month and is the 80th most popular site in China. In addition to providing employee assessment questionnaires and testing, the company also provides online training.

Liepin is owned by China-based Wise Talent Information Technology and was founded in 2006. It is based in Beijing and develops and operates an online career development and recruitment platform connecting employers, headhunters, and professional managers. The company was formerly known as Lietou.com.

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