Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Part-time Job Info App 'Part-time Cat' Obtains RMB 160 Mln Series C, 7/11/18

Guangzhou-based Jiuwei Information Technology, operator of mobile part-time job information app "Part-time Cat," recently announced the completion of RMB 160 mln in Series C funding from men's wear brand Joeone Co. (601566.SH) and Shoutai Jinxin Equity Investment in late 2017.

With the funding, Part-time Cat has launched a new business line, "Luyong" (literally "Deer Use," a homophone for "hiring"), to expand into the full-time job market. The company has already purchased the domain name, revealed CEO Wang Ruixu.

While Part-time Cat targets the short-to-medium-term part-time job scenario, Luyong focuses on the medium-to-long-term full-time job scene. Each service has its own mobile app, but they are interconnected so companies can post job announcements from a unitary backend. Luyong has acquired 100,000 users in the two months since its launch through traffic from Part-time Cat and advertising. A web-version of Luyong will launch in August.

Part-time Cat currently has 850,000 registered companies, 20 mln mobile users, and covers 283 cities across China.

Editor's Note: For more information on this topic, please see "Part-time Job Info App 'Part-time Cat' Secures RMB 8-digit Series B," MD 9/07/17 issue.

Keywords: Joeone 601566.SH M&A VC mobile recruitment funding wireless Series C Jiuwei Part-time Cat Shoutai Jinxin Wang Ruixu


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports