Zhaopin eyeing more acquisitions to expand recruitment reach

Zhaopin Ltd, China's biggest job recruitment site, is looking to further consolidate its presence in the sector with more mergers and acquisitions, a top official said.

The New York-listed company, however, did not disclose any details on its planned acquisitions or the time-frame for the deals.

"We are in talks with several companies about the acquisitions and it is not opportune to disclose any further information. Investments and acquisitions are something that we will pay close attention to in the next few years," said Guo Sheng, the chief executive of Zhaopin Ltd.