Andrew Bassat apears optimistic on SEEK's domestic and international growth prospects

James Marlay

Livewire Markets

Andrew Bassat apears optimistic on SEEK's domestic and international growth prospects. Domestically, Bassat says his isn't concerned by new market entrants such as Linkedin and remains focused on the job of matching people to opportunities. In our space there are always new entrants... We've managed to continue to grow our share as a result of continuing to evolve our product and service. SEEK currently accounts for 25% of all job placements in the domestic market and Bassat says his goal is to increase that figure to 100%. On international expansion, Bassat points to the opportunity in emerging economies such as China, South East Asia, Brazil and Mexico. SEEK owns 79% of recently listed Chinese jobs board Zhaopin. We're hoping in a few years time that Zhaopin can be a bigger business than our Australian business. As for domestic growth in FY15... Bassat says, we're starting to see early signs. (VIEW LINK)


1 topic

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment