Sep 22,2017, Beijing Lagou Network Technology Co., the operator of Lagou.com obtained USD120 million in its D round of strategic financing from 51job Inc. [NSDAQ:JOBS], with China Taihecap as the exclusive financial advisor.

Founded in 2013, Lagou started in vertical recruitment. Its sales revenue grew at a rate of more than 100 percent for four consecutive years, and its monthly income surpassed USD15.2 million (CNY10 million), accounting for the largest vertical market share.

51job, an influential human resources service provider in China, adopts network media and advanced mobile information technology to offer a full range of professional human resources services. It has agencies in 25 cities and a full range of recruitment programs -- headhunting, campus recruitment and management software.

Source:https://www.yicaiglobal.com/news/51job-gets-60-stake-in-recruiting-platform-lagou-for-usd120-million