Business
Short seller accuses Seek’s Zhaopin of fake job posts – The Australian Financial Review
Blue Orca asserts that Seek’s Chinese jobs platform is no longer the market leader there, and pays people to flood the platform with “zombie” resumes.
“Companies we called about their job postings on the website even stated directly that the posts were fraudulent. Our due diligence also uncovered a whistleblower claim by a Chinese college student alleging that Zhaopin pays people to submit fake resumes,” Blue Orca writes in research released at 10.29 AEDT.
Blue Orca Capital founder Soren Aandahl’s newest target is Seek. AFR
The short seller also claims that Seek is a roll-up, reliant upon capital markets to fund acquisitions, and the true nature…
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