Central regions | Finance, business

Worlds 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, HeadHunters 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
COMMENT ON THIS STORY
Find Related Content

Locations:

Tags: ADR (42) / NASDAQ (1) / recruitment platform (0) / HeadHunter Group (0) /

Latest News: Central regions
13 Dec '19 | Telecoms, media | Finance, business
13 Dec '19 | Technology & innovation
13 Dec '19 | Technology & innovation
12 Dec '19 | Technology & innovation
11 Dec '19 | Technology & innovation
 

Feature stories

8 Nov '19
For the first time in the history of Russian-African...
29 Oct '19
25 Jul '19
Russian scientists have come up with a new method of...
Search (News archive - 21637)
Advertising
AIM_Congress
Advertising
NATT
Advertising
Venture_Russia_2018
Advertising
Marchmont News

Latest News

13 Dec '19
By the end of next year MTS, one of Russias leading...
11 Dec '19
Sberbank, Yandex, Gazprom Neft, the Russian Direct...
10 Dec '19
The Russian Government is discussing the creation of...

Most read stories from last week

13 Dec '19
By the end of next year MTS, one of Russias leading...
11 Dec '19
Sberbank, Yandex, Gazprom Neft, the Russian Direct...
12 Dec '19
9 ...