Recruit Holdings partners with Vietnam's No. 1 e-comm website operator to establish hotel booking website company
Nov. 19, 2012
Recruit Holdings Co., Ltd.
Recruit Holdings Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Masumi Minegishi) has partnered with Vietnam Price Joint Stock Company (Headquarters: Hanoi, Socialist Republic of Vietnam; Representative: Nguyen Ngoc Diep) to establish Mytour Vietnam company limited, which will operate the hotel booking website Mytour.vn. The investment, which was finalized today, was made through Recruit's investment subsidiary, Recruit Global Incubation Partners Co.,Ltd. Vietnam Price Joint Stock Company operates the country's No. 1 e-commerce website, Vatgia.com.
1. Mytour Vietnam company limited
Vietnam is ASEAN's third most populous nation, with 87.84 million people. The average age is just 27.4, and GDP is expanding at around 6% annually. Internet use is also rising rapidly, and by 2015 about 60% of Vietnamese are expected to be online. With the domestic travel market projected to grow significantly, the online hotel booking business is also expected to expand, and this drove the decision to establish Mytour Viet nam.
2. Mytour.vn
Mytour.vn is a domestic hotel booking website operated by Mytour Vietnam company limited. Through Recruit Global Incubation Partners Co.,Ltd., its investment subsidiary, Recruit joined with Vietnam Price Joint Stock Company to capitalize Mytour Vietnam. Vietnam Price Joint Stock Company, which operates Vietnam's largest e-commerce site, and Recruit, which operates booking websites in a number of countries, will seek to make Mytour.vn the country's largest hotel booking website and generate synergy in generating bookings as well as in operational terms.
3. Mytour Vietnam company limited Profile
| (1) | Name | Mytour Vietnam company limited |
| (2) | Representative | Tran Thu Thuy |
| (3) | Main business | Tourism Services |
| (4) | Shareholders | Vietnam Price Joint Stock Company Recruit Global Incubation Partners Co.,Ltd. |
4. Vietnam Price Joint Stock Company (Vatgia.com)Profile
| (1) | Name | Vietnam Price Joint Stock Company (Vatgia.com) |
| (2) | Representative | Nguyen Ngoc Diep |
| (3) | Headquarters | 202A Hue Street, Ngo Thi Nham Ward, Hai Ba Trung, Hanoi, Vietnam |
| (4) | Established | August 21, 2006 |
| (5) | Employees | 735 |
| (6) | Main business | e-commerce (operating Vatgia.com, Vietnam's No. 1 e-commerce site) |
| (7) | Shareholders | Founders, IDG Ventures Vietnam, Mitsui&Co.,Ltd., Cyber Agent Ventures, Inc. etc |
Recruit Group's Global Operations
| Business Content | Brand |
Operating Area | |
|---|---|---|---|
|
Human Resources |
Permanent Placement |
RGF HR Agent |
China/Hong Kong/Singapore/ |
|
RGF Executive Search |
Hong Kong/Singapore/ |
||
|
Bo Le (capital/business tie-up) |
China/Hong Kong/Taiwan/Indonesia/ |
||
| Staffing | CSI |
North America |
|
| Staffmark | |||
| Advantage Resourcing |
North America/UK/Australia |
||
|
Online HR |
51job (capital/business tie-up) |
China | |
|
Indeed, Inc. |
North America/UK/Ireland |
||
| Sales |
Travel & Hotel Information |
Jalan |
China/Korea/US |
| PegiPegi | Indonesia | ||
| Mytour.vn | Vietnam | ||
|
Housing Information |
Taofang Corporation | China | |
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