Primavera-led consortium to invest $551.7m in Chinese recruitment firm Zhaopin

Primavera-led consortium to invest $551.7m in Chinese recruitment firm Zhaopin

Source: Hunters Race/Unsplash

A consortium of investors led by China-based fund manager Primavera Capital Group has entered into an agreement to invest about A$697 million ($551.7 million) in Zhaopin, giving the Beijing-based online recruitment platform a valuation of around A$2.2 billion ($1.7 billion).

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