by Richard Park
South Korea is experiencing one of the busiest IPO seasons in 2021 as many startups and companies go public. The latest announcement of an IPO comes from Korean recruitment platform startup Wanted Lab. The company that works on a referral recruit basis submitted a securities registration form for listing on the KOSDAQ market on June 23. The IPO is likely to be launched in August 2021.
Wanted Lab was started in 2015 and has captured the Korean job market with its unique referral and reward-based AI-driven recruitment platform. The platform allows anyone to refer a candidate in their field of expertise and receive compensation if they get hired. In addition, Wanted brings the headhunting industry online by giving users a referral bonus for connecting their friends with well-matched jobs. Wanted also runs its platform in Japan with its brand ReferMe launched in April 2018. The startup also has a presence in Taiwan, Hong Kong & Singapore.