Monster.com has announced the next phase in the expansion of Monster.com's AsiaPacific network with the launch of Monsterindia.com: it will be operated as part of a joint venture with Australia's premiere Internet portfolio business ecorp.
Monster.com's launch in India is an important and strategic move as TMP Worldwide further strengthens its position as the world's leading supplier of human capital solutions. In 2000, TMP Worldwide entered the Indian market with the acquisition of People.com, a business based in the United States and India which provides and places IT professionals worldwide. Monster.com's launch in India introduces TMP's pre-eminent interactive services to all Indian jobseekers and employers and underlines Monster's commitment in bringing the 'Intern to CEO' client services strategy into the Indian market.
With the launch of Monsterindia.com, Monster.com enters the most exciting and dynamic employment market in this region. India's remarkably high skills level is just one of the driving factors behind our confidence in the potential of this market, said Jeff Taylor, CEO of Monster.com. This is a prime location for Monster.com, and we are delighted to offer Indian jobseekers and employers all the benefits and services available from Monster.com's global expertise.
Monster.com now operates in 15 countries and has rapidly developed a very strong presence in the Asia Pacific region over the past 12 months. Regional sites now include Hong Kong, Singapore, Australia and New Zealand. In India, the initial focus will be on the Information Technology and Sales market segments in the high growth areas of Mumbai, Hyderabad and Bangalore.
Monsterindia.com is committed to building a leadership position in India. Monster's innovative technology provides jobseekers with personalised interactive career management tools and an online job agent to manage their job search activities, said Krishna Krovi, general manager of
Monsterindia.com. We see substantial opportunities for growth in India. Monster.com is well positioned to be a successful player in the region.
www.monster.com
Monster.com extends Asia Pacific growth strategy with launch of MonsterIndia.com - 04/2001
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