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SEEK International Buys More Stake In

May 17, 2018

Australian number one job portal SEEK International has bought 10% stake in Bangladesh’s largest online job portal for Tk 30 crore at a valuation of tk. 300 crore, which is double of what SEEK valued the company in a 2014 deal.

The deal makes SEEK International single majority shareholder in the company with 35% stake. Fahim Mashroor, co-founder, and CEO of Bdjobs, owns 33% and other 7 shareholders own the remaining shares.

This is the second time SEEK took a stake in It bought a 25% stake in the company for tk. 35 crore in 2014.

Developing story..

Cover photo credit: Nurunnaby Chowdhury (Hasive), Wikipedia

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