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KANZHUN LIMITED (symbol: BZ) operates the leading online recruitment platform in China, BOSS Zhipin. This innovative platform, launched in July 2014, revolutionizes the recruitment process by enabling direct communication between job seekers and employers through a mobile app. The core features of BOSS Zhipin include real-time chat and precise matching, utilizing advanced big data and artificial intelligence to enhance recruitment efficiency.
BOSS Zhipin caters to a wide array of industries, including transportation, logistics, construction, and service sectors. The platform's user base spans over 350 cities in China, with applications extending to numerous international markets following the company's expansion into the United States in 2017. Approximately 85% of the employers on the platform are small to medium-sized enterprises, making it a vital resource for dynamic economic segments.
KANZHUN LIMITED has achieved significant milestones, including being recognized as a high-tech enterprise by the Chinese government in December 2016. The company has maintained a strong reputation for its quality of service and rapid growth, earning various industry awards.
Financially, KANZHUN LIMITED demonstrates robust performance. The company’s recent forecast for Q2 2024 projects total revenues between RMB 1.91 billion and RMB 1.96 billion, indicating a significant year-on-year increase. Additionally, the company announced a new share repurchase program of up to US$200 million, showcasing its strong financial health and commitment to delivering value to shareholders.
The company’s strategic partnerships, including a notable 9.2% stake held by Tencent, further bolster its market position. KANZHUN LIMITED continues to innovate and expand, firmly positioning itself as a leader in the online recruitment industry.
KANZHUN LIMITED (Nasdaq: BZ) announced it will release its unaudited consolidated results for the second quarter on August 23, 2022, before U.S. market opens. The company will also host a conference call at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time) on the same day to discuss these results. Participants can pre-register for the call and will receive dial-in information via email. A live and archived webcast will be available on the Company's investor relations website.
KANZHUN LIMITED operates BOSS Zhipin, an online recruitment platform in China.
KANZHUN LIMITED (Nasdaq: BZ) has released its 2021 Environmental, Social and Governance (ESG) report, highlighting significant advancements in its ESG initiatives across Governance, Environment, Employees, Products and Services, and Community. The Company emphasizes its commitment to social responsibilities, aiming for sustainable business success. KANZHUN operates the BOSS Zhipin platform, a leader in China's online recruitment market, enhancing recruitment efficiency through innovative technology and strong network effects. For more information, visit the Company's Investor Relations website.
Kanzhun Limited (Nasdaq: BZ) reported Q1 2022 revenues of RMB1,137.9 million (US$179.5 million), a 44.3% increase year-over-year. The company achieved adjusted net income of RMB121.1 million (US$19.1 million), compared to an adjusted net loss of RMB127.5 million in Q1 2021. Monthly active users rose to 25.2 million, and paid enterprise customers surged by 41.4% to 4.1 million. However, the company anticipates Q2 2022 revenues between RMB1.09 billion and RMB1.10 billion, indicating a potential decline due to COVID-19 impacts on recruitment needs.
KANZHUN LIMITED (Nasdaq: BZ) announced a change in the date for its unaudited Q1 results for the period ending March 31, 2022, postponing the announcement from June 20, 2022, to June 24, 2022, due to a scheduling conflict. A conference call to discuss the results will be held on June 24, 2022, at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Participants must pre-register for access. The company operates the BOSS Zhipin platform, a leading recruitment service in China, recognized for facilitating efficient job matching through its interactive mobile app.
KANZHUN LIMITED (Nasdaq: BZ), operator of the leading online recruitment platform BOSS Zhipin in China, will report its unaudited consolidated results for Q1 2022 on June 20, 2022, before U.S. market opening. A conference call to discuss these results is scheduled for the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Participants must pre-register for the call to receive dial-in details. A live and archived webcast will also be accessible on the company’s investor relations site.
Kanzhun Limited (Nasdaq: BZ) provided an update regarding its status under the Holding Foreign Companies Accountable Act (HFCAA). The SEC identified the company on May 4, 2022, due to issues with its auditor's working papers, which the PCAOB cannot fully inspect. This poses a risk of trading prohibition after three consecutive years under HFCAA identification. The company is actively seeking solutions to ensure compliance and maintain its Nasdaq listing.
Kanzhun Limited (NASDAQ: BZ) has announced the appointment of Ms. Xiehua Wang to its board of directors, effective April 30, 2022. Ms. Wang, who has over a decade of experience in product management, previously held positions at Baidu and KE Holdings. Concurrently, Ms. Xin Xu has resigned from the board, with the company clarifying that her departure was not due to any disagreements. Kanzhun operates the leading online recruitment platform BOSS Zhipin, designed to enhance job-seeker and enterprise interactions through its mobile app.
KANZHUN LIMITED (Nasdaq: BZ) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 28, 2022. The report is accessible on the Company’s investor relations website. Shareholders and ADS holders can request a hard copy of the audited consolidated financial statements for free. KANZHUN operates BOSS Zhipin, a leading online recruitment platform in China, which enhances job seeker and enterprise connections through its interactive mobile app, driving high recruitment efficiency.
KANZHUN LIMITED (Nasdaq: BZ), a leading Chinese online recruitment platform, reported remarkable financial results for Q4 and full year 2021. Q4 revenues surged 69.1% year-over-year to RMB1,090.7 million (US$171.1 million), driven by robust demand for online recruitment services. Full-year revenues climbed 119.0% to RMB4,259.1 million (US$668.4 million). Despite a net loss of RMB1,071.1 million for 2021, adjusted net income reached RMB852.6 million, reflecting a significant operational improvement. The company anticipates Q1 2022 revenues between RMB1.10 billion and RMB1.12 billion, marking a year-on-year growth of 39.5% to 42.0%.
KANZHUN LIMITED (Nasdaq: BZ), a top online recruitment platform in China, will release its unaudited consolidated results for the fourth quarter and full year ending December 31, 2021, on March 23, 2022, before the U.S. market opens. A conference call to discuss the results will take place on the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Interested participants must pre-register to access the call. A live and archived webcast will be available on the Company’s investor relations website.
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