Kanzhun Ltd.

General Information

(Note: This is an IPO of 48 million American Depositary Shares (ADS), representing 96 million Class A ordinary shares.) 

We are the largest online recruitment platform in China, based on average MAU in 2020, according to the CIC report. (We had 19.8 million MAU in 2020.) We connect job seekers and enterprise users (employers or Bosses) in an efficient and seamless manner mainly through our highly interactive BOSS Zhipin mobile app, which together with our other mobile apps and mini programs create a vibrant network. We are relentlessly focused on enhancing user experience by delivering an efficient, intuitive and convenient experience to them throughout the recruitment cycle. (Kanzhun Limited is incorporated in the Cayman Islands.)

BOSS Zhipin is a mobile-native product that promotes instand direct chats between Bosses and job seekers, delivers accurate matching results, and is powered by proprietary AI algorithms and big data insights.

Our operating philosophy highly respects job seekers, and we are committed to empowering them by giving them more say in the recruitment process. We do not allow enterprise users to access job seekers’ resumes unless job seekers give express consent. Job seekers can also make their information selectively visible to different types of enterprise users. We believe the superior user experience we provide to individual job seekers attracts them to our platform. Enterprise users also benefit from our operating philosophy as it creates massive opportunities for them to connect with job seekers efficiently.

(Note: Kanzhun Limited priced its IPO on June 10, 2021, at $19 – the top of its $17-to-$19 range – on 48 million American Depositary Shares (ADS) to raise $912 million.)

Industry: Services - Computer Processing & Data Prep
Employees: 3388
Founded: 2013
Contact Information
Address 18/F, GrandyVic Building, Taiyanggong Middle Road Chaoyang District, Beijing 100020 People’s Republic of China
Phone Number +86 10-8415-0633
Web Address https://www.zhipin.com/
View Prospectus: Kanzhun Ltd.
Financial Information
Market Cap $6261.17mil
Revenues $298.0 mil (last 12 months)
Net Income $-144.0 mil (last 12 months)
IPO Profile
Symbol BZ
Exchange NASDAQ
Shares (millions): 48.0
Price range $19.00 - $19.00
Est. $ Volume $912.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ UBS Investment Bank/ China Renaissance
CO-Managers Haitong International/ FUTU/ Tiger Brokers
Expected To Trade: 6/11/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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