Jobstreet is a Southeast Asian online employment website, operated by the Australian Stock Exchange-listed SEEK Limited.
Envisioned to provide an automated platform for accurately matching employers and jobseekers, Jobstreet was founded by Mark Chang Mun Kee as a spin-off of MOL.com in 1995.
[1] Prior to that, its parent company MOL AccessPortal was sold to Vincent Tan, the CEO of Berjaya Group for US$3.2 million.
It urged Mark Chang to hire executives with business experience, to expand to other key Southeast Asia countries and to trim cost.
[7] Following its purchase of 10.1% stake in 2008 for $19.3 million[8] and another 11.2% stake for RM70.9 million in 2010,[9] SEEK Limited, the Australian internet job recruitment company made a complete takeover in 2014 for RM 1.73 billion[10][11] together with co-investors, News Corp, Tiger Global and Macquarie Capital.