Comment on Recruiting Service Liepin Secures $70 Million of Series C Funding by Mobile Job Service Jobtong.com Scoops RMB28M Series A Funding | Kungpao.tv

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Chinese recruitment service Lieping announced that it raised $70 million of Series C financing led by Warburg Pincus and followed by existing investor Matrix Partners. The fund will be used in R&D and platform construction, according to Dai Kebin, founder and CEO of the company. Liepin is focused on providing recruiting services for top-tier talents. Liepin targets at three kinds of clients, headhunters, talents (2C) and enterprises (2B). The service for headhunters is free because their existence accelerates the collection of user data and brings more opportunities to users, according to the company.