Internet recruiter aims for base of millions

Liepin.com, China's leading Internet-based recruitment service provider, plans to set up a global talent development center with a base of 20 million professionals by the end of 2014, its CEO told China Daily on Tuesday.

The company announced on the same day that it received C-round financing totaling $70 million from equity investment companies Warburg Pincus and Matrix Partners China, which amounts to the largest investment in the sector for the past five years.

Liepin.com previously received A - and B-round financing totaling about $10 million from Matrix Partners China.