Monster Worldwide Inc., which operates Monster.com, said Wednesday that it acquired a 40 percent stake in ChinaHR.com Holdings Ltd., the owner of online recruitment site ChinaHR.com, for $50 million.
Monster Worldwide said ChinaHR.com has about 3.2 million registered users and more than 280,000 corporate clients. With operations in 10 major Chinese cities and growth plans in additional markets
in the upcoming year, ChinaHR.com has a staff of 480 employees.
--Gavin O'Malley
