Central regions | Finance, business

World’s third most popular jobs site goes public on NASDAQ

15 May '19
Last week Moscow-based HeadHunter Group, a leading online job recruitment platform in Russia, raised $220m on the NASDAQ by offering 16.3 million American Depository Receipts (ADRs) at $13.50, the upper range of the price guidance, EWDN reported.

At the close of the first day, HeadHunter Group boosted its market capitalization to $787.5m as the price for its ADRs grew 17.2% to $15.82 from the initial price, HeadHunter announced on LinkedIn.

HeadHunter Group is now listed on the NASDAQ under the symbol HHR. Morgan Stanley, Goldman Sachs, Credit Suisse, VTB Capital, Bank of America Merrill Lynch and Sberbank acted as lead managers on the deal.

HeadHunter operates online in Russia and neighboring countries, providing potential employers and recruiters access to an extensive resume database on a paid basis. The company also provides job seekers and employers with value added services centered around their job seeking and recruitment needs.

According to SimilarWeb, as of January 1, 2019, HeadHunter’s platform was the third most visited job and employment website globally.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: ADR (43) / NASDAQ (1) / recruitment platform (0) / HeadHunter Group (0) /

Latest News: Central regions
26 May '20 | Technology & innovation
26 May '20 | Technology & innovation
26 May '20 | Finance, business | Technology & innovation

Feature stories

21 May '20
Russian and Italian researchers have developed a...
5 Apr '20
To extend the service life of medical fabric masks—an...
26 Feb '20
A Russian developer has come up with its own...
Search (News archive - 21991)

World of the Future, World of AI

Luc Jones: A Guide to Doing Business in Russia and the CIS Countries
Why Russians Don't Smile
Marchmont News

Latest News

26 May '20
Sberbank, Russia’s largest savings bank, has bought...
25 May '20
Ecwid, a leading provider of social commerce...
22 May '20
The Russian Cabinet is mulling over possible...

Most read stories from last week

25 May '20
Ecwid, a leading provider of social commerce...
26 May '20
Sberbank, Russia’s largest savings bank, has bought...
26 May '20
Interview with Michael Pochepsky, a resident of the...