TribeHired announced that it has successfully acquired HubbaHired’s recruiting business for an undisclosed fee.
Today was a huge step forward for TribeHired as it acquired HubbaHired in Thailand, furthering the company’s plan to expand in South East Asia.
HubbaHired, which was part of an accelerator program within the Hubba group, started little over three months ago. Today it is hiring for several dozen tech companies, such as LINE, the Ascend Group and Grab, with over 700 open positions in progress.
With a growth rate of 300% in terms of placements, in the past 3 months, HubbaHired has build a recruitment model that did not exist in the region before. Their unique strategies is what drew Tribehired’s interest towards HubbaHired.
“HubbaHired came up on our radar after showing some pretty impressive growth over the last 3 months. They have shown themselves as a team that can execute and they will complement our Thailand operations. Their current product also closes the gap between our current platform and line managers. We’re happy to have them join the TribeHired family, and to grow regionally from here.” said Devan Singaram, Co-Founder and CEO of TribeHired.
Amarit Charoenphan, Group CEO of HUBBA, believes that with the acquisition, their vision of supporting local startups can be fulfilled to a greater extent, now with the added bonus of helping them along with their recruitment needs.
The Thailand team will be managed by John Thorton as Country Manager, and will be based in HUBBA’s Discovery HUBBA within the Siam Discovery shopping complex.
HUBBA is the hub for global creators. We create stunning workspaces, a vibrant community, and business services to thousands of members worldwide. HUBBA turns any real estate into stunning coworking spaces and active communities through our infrastructure, services, events and tech so our members can focus on starting their life’s work. HUBBA’s community spans across 8 locations in Bangkok, Chiang Mai, Vientiane and growing across Southeast Asia with many more opening soon. Founded in 2012 by Amarit Charoenphan and Charle Charoenphan in Bangkok, HUBBA will be home to more than 12,000 members in over 14 locations by the end of 2016.
Wanna work with the hottest tech startups in Malaysia and South East Asia? We know a couple of employers who are dying to meet you! Sign up using the button below and we will personally get them to compete to hire you.