Glints Reports Impressive Growth in Global Job Market Expansion
Glints, a leading Southeast Asian talent platform, has reported impressive growth and expansion in the global job market. The company's co-founder and CEO, Oswald Yeo, stressed the importance of a borderless mindset for success in today's employment landscape.
Glints' expansion in the 2022 fiscal year saw the company enter new markets such as Hong Kong, Japan, and China, driving growth in the world market. This growth is driven by key trends like cross-border hiring for cost savings and increased demand for international teams due to the rise of remote work.
The platform has witnessed a fourfold increase in open roles from China-based employers in the first half of 2023, reflecting Chinese employers' interest in Southeast Asian talent. This surge in activity has contributed to Glints' 15% increase in revenue-generating roles, particularly in sales, business development, and marketing specializations.
Glints' success is evident in its financial performance. The company achieved an 85% year-on-year increase in global revenue and a 110% surge in gross profit in the 2022 fiscal year. It maintained positive contribution margins and operational profitability in key markets like Indonesia and Vietnam.
Glints' expansion into new markets and its focus on cross-border initiatives have driven significant growth and profitability. The company's investment in R&D supports its borderless approach, which is increasingly valued in today's global job market.