Chinese online recruitment service provider Liepin.com has filed for its IPO at Hong Kong Stock Exchange on April 6th. The prospectus suggests that its revenue was RMB 345.6 million in 2015, RMB 587.1 million in 2016 and RMB 825.7 million in 2017, while its net profit was minus RMB 230.7 million, minus RMB 139.7 million and RMB 7.55 million for these three years respectively.
According to Liepin.com, the money raised through the IPO will be used for strengthening R&D capability, enriching product portfolio, adjusting and implementing sales and marketing plans, expanding user and customer base, and acquiring or investing in assets that are complementary to its business as well as assets that are helpful to its growth strategy.
Dai Kebin, founder & CEO of Liepin.com, is the biggest shareholder now with 32.95% shareholding of the company.
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