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Kanzhun Priced, Nasdaq: BZ

Leading online recruitment platform in China.

Industry: Technology

Latest Trade: $18.93 +0.16 (+0.8%)

First Day Return: +95.8%

Return from IPO: -1.2%

Industry: Technology

Cognizant of the industry pain points and their root causes, our founders set out seven years ago to create a transformative product that promotes two-way interactive communication, focuses on intelligent recommendations that is empowering, and brings Bosses onboard the recruitment process. The result was “BOSS Zhipin” -- a mobile-native product that promotes instant direct chats between Bosses and job seekers, delivers accurate matching results, and is powered by proprietary AI algorithms and big data insights. This proved to be exactly what the industry needed. Despite being a late comer, we have become the largest online recruitment platform in China, as measured by average MAU in 2020, according to the CIC Report. Our operating philosophy highly respects job seekers, and we are committed to empowering them by giving them more say in the recruitment process. We do not allow enterprise users to access job seekers’ resumes unless job seekers give express consent. Job seekers can also make their information selectively visible to different types of enterprise users. We believe the superior user experience we provide to individual job seekers attracts them to our platform. Enterprise users also benefit from our operating philosophy as it creates massive opportunities for them to connect with job seekers efficiently.
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IPO Data
IPO File Date 05/21/2021
Offer Price $19.00
Price Range $17.00 - $19.00
Offer Shares (mm) 48.0
Deal Size ($mm) $912
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/10/2021
Offer Price $19.00
Price Range $17.00 - $19.00
Offer Shares (mm) 48.0
Deal Size ($mm) $912
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Morgan Stanley
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Company Data
Headquarters Beijing, China
Founded 2013
Employees 3,388
Website www.zhipin.com

Kanzhun (BZ) Performance