Kevin Guo, co-CEO of Dianrong.com, now one of China’s leading online finance companies, launched the peer-to-peer lender only four years ago with partner Soul Htite, co-founder of American P2P company Lending Club. Now he employs 2,800 people across 26 offices in China, and he’s still recruiting.
Aided by crowd-funding finance from Silicon Valley, Guo and Htite started building a management team. “We didn’t have experience recruiting and managing hundreds of staff, so we hired senior people from the banking sector to help us expand step by step.”
Dianrong and rival online lenders such as Alibaba’s Ant Financial and Tencent’s WeBank are tapping growing demand from consumers and corporates who would otherwise struggle to get finance from traditional banks. Guo says the sector’s growth means it hasn’t been difficult to hire 2,800 people over the past four years. Of the current headcount, about 2,000 work in sales, 400 in technology, and the remainder in call centres and support roles.
Read more at eFinancialCareers
Ever Adventure, the gamified casino operator, announced a new partnership with William Hill which will see the businesses collaborating to bring the next generation of digital casino to life, implementing new ways to engage casino players and appeal to the wider, more casual casino market.
Ever Adventure and its Slotser casino brand (www.slotser.com), have operated since late 2014, exploring ways in which gamification can create a more entertaining play experience for the recreational casino player. The business has a custom built casino platform as well as a growing number of both in-house built and 3rd party games content.
The partnership will see William Hill and Ever Adventure working together on a collaborative roadmap of new casino product ideas brought to life through www.slotser.com. The partnership will soft launch through William Hills Affiliate United platform during the summer of 2016 and accelerate later in the year as the Ever Adventure product roadmap is revealed.
Chinese peer-to-peer (P2P) lender Dianrong.com is mulling a share float as early as next year, once Beijing’s crackdown on illegal online fundraising takes full shape, according to the company’s co-founder and chief executive Soul Htite. The company prefers to list its shares near China but it has not yet decided where and when to do the share offering.
Read more at FinanceAsia
Looksharp, the largest internship and entry-level job marketplace in the United States, released its annual State of Millennial Hiring Report. The report uses feedback from more than 21,000 current college students and recent graduates to show how this generation of students feels about their future employers and the internships and jobs in their future.
The report shares insights about millennial hiring by industry, geographic location and business size. Key takeaways from the report include:
1) Internships are a critical element in determining career success. There are strong correlations between having at least one internship and improved job prospects after graduation and finding employment in the field of study.
2) But expectations after graduation may be unrealistic. There’s a $9,000 gap between college seniors’ salary expectations and actual starting salaries.
3) Demand for internships is higher than supply. Among the 31.5 percent who said they had not completed an internship to date, more than 70 percent said they had searched unsuccessfully.
4) More interns reported being paid for their work. The 2016 study found that 55 percent of internships were paid, up from 52.5 percent in 2015. The chances of receiving compensation vary significantly by major, industry and region.
5) Startups have seen their appeal grow. While midsize companies (50-500 workers) are still the most popular, preference for internships at startups jumped from 4.9 percent in 2014 to 7.4 percent in 2015 to 9.7 percent in 2016.
Read more at Hawaii News Now
Daniel Cohen, CEO and Founder of Graduway, spoke at the ASU GSV Summit in April.