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Steven Millward ยท ยท 1 min read

A new Taiwanese jobs site gets funding, plans first step in Asian expansion to Malaysia

Job178 funding

Taiwan-based jobs portal Job178 launched in June this year, and today the startup has revealed itโ€™s attracted seed funding for growth and eventual pan-Asian expansion.

Whatโ€™s different about Job178 is that it follows the lead of the jobs board on the Japanese web portal Livesense in that it doesnโ€™t require companies to pay an upfront fee for posting vacancies. Instead, Job178 โ€“ as JobSense did before it โ€“ only requires companies to pay once theyโ€™ve hired someone; plus, the newly hired worker gets a cut of the fee as a sort of celebratory gift in the new job. It might be only 10 to 15 percent of the fee that the jobseeker gets, so itโ€™s not a massive โ€˜golden handshakeโ€™, but itโ€™s better than nothing.

Job178โ€™s seed funding โ€“ the amount cannot be revealed โ€“ comes from two Japanese sources: Inspire and ICP. In case youโ€™re wondering, โ€˜178โ€™ is a play on words in Chinese, and sounds like โ€œbe togetherโ€.

Yasuo Yamao, Job178โ€™s founder, tells us that the team is planning on taking the job site and its rewards system across Asia, with the first step in expansion being Malaysia.

(Editing by Anh-Minh Do)

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Steven Millward

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