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Zhaopin 2010 Revenue Up 80%, Breaks Even

Sina Tech, 3/01/11

Evan Guo, CEO of Chinese online recruitment site Zhaopin, said today that the company's overall revenue grew by nearly 80% last year, marking the first time Zhaopin had broken even.

Moving forward, Zhaopin will seek opportunities in growth markets such as social networking. Guo said that the company would consider acquisitions or joint ventures as a means of entering new markets, saying that Zhaopin was currently in good financial shape and adding that while further financing and a public listing were both under consideration, the company has set no timetable for either.

Keywords: financing Internet revenue timetable online recruitment Zhaopin IPO Evan Guo

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