JobKorea Acquisition, Valuation, Funding & Investors

JobKorea was acquired by Affinity Equity Partners for $709M in May 2021, a 8.0x multiple on $89M of revenue.

JobKorea acquisition price

$709M

Acquired by Affinity Equity Partners · May 2021

JobKorea revenue at acquisition

$89M

Last twelve months · May 2021

JobKorea revenue multiple at acquisition

8.0x

EV/Revenue · May 2021

Cumulative funding JobKorea raised

$90M

across 1 funding round

JobKorea Overview

About JobKorea

JobKorea is South Korea's leading online recruiting platform, listing millions of job openings across all industries. It offers resume management, salary tools, and corporate reviews for over 15 million members. Headquartered in Seoul and founded in 1998, JobKorea holds 40% market share and partners with conglomerates like Samsung and Hyundai. Its apps support English and Chinese searches for global talent.


Founded

1996

HQ

South KoreaSeoul

Status

Acquired

Customer focus

B2B

Revenue model

Advertising

Revenue

$89M (May 2021)

Valuation

$709M (acquired May 2021)

JobKorea Acquisition

JobKorea was acquired by Affinity Equity Partners for $709M on 3 May 2021.

The acquisition price implies a 8.0x revenue multiple on $89M of revenue.

Before the acquisition JobKorea had raised $90M across 1 funding round.

JobKorea acquisition details
AcquirerDateTypePriceEV/Revenue
  • Affinity Equity Partners
3 May 2021PE buyout$709M8.0x

JobKorea Funding History

JobKorea has raised a total of $90M across 1 funding round.

JobKorea funding rounds

JobKorea funding rounds
DateStageInvestorsRaisedDeal Summary
Nov 2013Undisclosed stageH&Q Korea$90MJobKorea is South Korea's largest online job portal, operating JobKorea for full-time job listings and Albamon for part-time jobs, holding approximately 40% market share in the online job listing market, more than double that of competitor Saramin. In late 2013, H&Q Korea acquired a 49.9% stake from Monster Worldwide for around 95 billion won (about $83.5-90 million), followed by the remaining 50.1% stake for 110 billion won in 2015, totaling 205 billion won for 100% ownership. JobKorea demonstrated robust growth post-acquisition, logging an annual average growth rate of around 20%, positive cash flow, and a 10% year-on-year EBITDA increase in H1 2020 despite the pandemic. Albamon captured over 60% of the part-time job market. Later context shows strong performance, with H&Q seeking 700 billion won in 2020 (14x prior year's EBITDA) and selling to Affinity Equity Partners for about 900 billion won in 2021, yielding over 3x return in under eight years. The 2020-2021 sale process attracted bidders like CVC, TPG, MBK Partners, and Affinity, highlighting JobKorea's market dominance and steady cash generation in a sector less reliant on data compared to platforms like LinkedIn.

Who has invested in JobKorea?

1 investor has backed JobKorea across its funding rounds, including H&Q Korea.


JobKorea Investors

Investors in JobKorea by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by JobKorea

JobKorea has acquired 1 company to date.

Last acquisition by JobKorea was on December 17th 2025. JobKorea acquired JobPlanet for undisclosed valuation.


Latest Acquisitions by JobKorea

JobPlanet
Description
JobPlanet is a job information platform based in Seoul, South Korea. It aggregates crowdsourced reviews on company culture, salaries, and welfare from employees. Job seekers access job listings alongside insights into over 500,000 Korean firms across industries like technology and manufacturing.
HQ CountrySouth Korea
HQ City
Seoul
Deal Date17 Dec 2025
Valuationundisclosed
EV/Revenue
EV/EBITDA

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JobKorea Competitors

JobKorea competitors include listed companies like DIP, Grupa Pracuj, Upwork and ZIGExN, and private ones like InterviewBit and Passage.

Public and private companies comparable to JobKorea
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InterviewBitIndiaBangalorePrivate--$710M-
PassageCanadaTorontoPrivate--$657M-
DIPJapanJapanPublicly listed$353M$85M$623M1.5x
Grupa PracujPolandPolandPublicly listed$214M$95M$1B4.4x
UpworkUnited StatesUnited StatesPublicly listed$788M$180M$1.1B1.1x
ZIGExNJapanJapanPublicly listed$188M$38M$290M1.2x

JobKorea Public Comps

JobKorea is no longer listed, but its public comps include Hemnet, WeBuyCars, Ixigo, Groupon, DIP, EverQuote, Cars.com, Bengo4.com, Maoyan Entertainment and Hypoport.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Hemnet$156M$78M4.8x5.2x9.6x11.1x
WeBuyCars$1.6B$90M0.5x0.5x9.7x8.6x
Ixigo$128M$8M5.0x4.5x83.7x57.8x
Groupon$498M($19M)1.7x1.7x(45.9x)11.4x
DIP$353M$85M1.5x1.5x6.1x7.4x
EverQuote$693M$62M0.9x0.8x9.9x5.5x
Cars.com$723M$157M1.4x1.4x6.5x4.8x
Bengo4.com$105M$19M7.7x6.9x43.8x33.0x

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Common questions about JobKorea

When was JobKorea founded?JobKorea was founded in 1996.
Where is JobKorea headquartered?JobKorea is headquartered in Seoul, South Korea.
Is JobKorea publicly listed?No, JobKorea was acquired by Affinity Equity Partners in May 2021.
Who acquired JobKorea?JobKorea was acquired by Affinity Equity Partners in May 2021.
How much was JobKorea acquired for?JobKorea was acquired for $709M in May 2021, a 8.0x revenue multiple.
How much funding has JobKorea raised?JobKorea has raised $90M across 1 funding round.
What was JobKorea's last funding round?JobKorea's last funding round was a $90M undisclosed-stage round in November 2013.
Who are JobKorea's investors?JobKorea's investors include H&Q Korea.
Which companies are comparable to JobKorea?Companies comparable to JobKorea include InterviewBit, Passage, DIP, Grupa Pracuj, Upwork and ZIGExN.
How many companies has JobKorea acquired?JobKorea has acquired 1 company, including JobPlanet.

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