ZipRecruiter files to go public via direct listing

Platform News: ZipRecruiter

Online job marketplace ZipRecruiter has filed to go public through a direct listing on the New York Stock Exchange, the company said on Friday.

Founded in 2010, ZipRecruiter Inc is a developer of an online marketplace for employers and job seekers and competes with Indeed and Microsoft-owned LinkedIn.

The listing plan will look to cash in on the booming market for new offerings as seen by the robust debuts of gaming firm Roblox Corp and South Korean e-commerce business Coupang Inc.

ZipRecruiter had hired Goldman Sachs and JPMorgan Chase & Co in December to lead preparations for an IPO.

The Santa Monica, California-based company will trade under the symbol “ZIP” when it goes public, the company said in a regulatory filing.

The team at Platform Executive hope you have enjoyed this news article. Translation from English to a growing list of other languages via Google AI Cloud Translation. Initial reporting via our official content partners at Thomson Reuters. Reporting by Sohini Podder and Nivedita Balu in Bengaluru. Editing by Arun Koyyur.

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