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www.maosui.com received several dozen million yuan of Series A financing.

2016-10-25 11:14:05

Meridian Capital beneficiary www.maosui.com received several dozen million yuan of Series A financing. www.maosui.com is an Internet-based Saas platform for flexible labor usage, a platform catering to the needs of university students and white-collars to look for part-time jobs, it offers all-round interview service recruitment for enterprises looking for suitable part-time personnel (at the current stage dominated by employers in labor intensive service industry). Meridian Capital is the Pre-A round investor of www.maosui.com.

 

The current labor market is facing irreconcilable contradictions:

  • Staff cannot find satisfactory jobs
  • Pressure of enterprise labor cost is soaring

 

Enterprises are facing the predicament of “No raise, no recruitment; salary rise not affordable for the enterprise”. For an employee with a monthly salary of 10000 yuan, after deducting social security insurance and personal income tax etc payable by the individual, the remaining available part handed to the employee is approximately 7300 yuan, but the enterprise needs to pay a total of about 16000 yuan for the employee. Salary paid to employees is only a portion of enterprise labor cost, another big chunk is labor cost attached to the salary. In order to meet staff needs, enterprises are facing mounting pressure. When there is pain spot, there are chances for entrepreneurs. The contradiction between staff and enterprise gave birth to www.maosui.com, an Internet-based Saas platform for flexible labor usage.

 

The essence of sharing economy is paid economy, sharing of labor is the ultimate form of cash conversion at the age of sharing economy. In its essence, labor is already being shared, “multiple jobs”, “private order” have all become actual manifestation of shared labor; for those already acknowledged behaviors, the only things lacking are system, rules and platform. This offers development opportunity for www.maosui.com. In 2015, the market value of flexible labor usage reached 21.3 billion yuan, in the period till 2019, the way of flexible labor usage will experience explosive growth, its compound annual growth rate will reach 22%. By 2019, this figure will soar to 47.6 billion yuan. According to statistics, flexible labor usage at least can help employers cut cost by 40%, and has become the option of a considerable number of enterprise owners. In the global context, each day at least 500,000 persons are employed in the form of flexible labor usage. Over 130,000 recruitment companies offer flexible labor usage service. Today, China’s labor market lags far behind developed economies in terms of maturity. Nonetheless, the steadily rising labor cost boosted the demand for flexible labor usage.” Mai Ke, Founder of www.maosui.com, firmly believed in the popularity of flexible labor usage, “In the past 20 years, Internet greatly promoted Chinese economy to push it to the forefront of global arena, I firmly believe flexible labor usage will become inevitable in employment relationship, especially in China.” “This is a great time, www.maosui.com platform will help numerous enterprises to catalyze unprecedented productivity.” said Shan Lingming, COO of www.maosui.com, with brimming confidence. Many well-known enterprises such as KFC, Starbucks, Pizza Hut...have all tasted the “sweet benefit” of flexible labor usage offered by www.maosui.com, and one after another published general posts inside the enterprise on www.maosui.com Saas platform for management. Within a matter of several weeks after formal release, daily transaction orders of www.maosui.com APP approached 10000. It is estimated that within 2017, the number of flexible jobs created through www.maosui.com platform each day will reach up to 1 million. All employees of www.maosui.com are working overtime each day, in order to make full preparations for the imminent business outburst. Enabling everyone to discover his/her own value, and creating more value for enterprises, are the current mission of www.maosui.com. It is exactly such sense of mission that enables www.maosui.com to buck the trend in the winter of capital and march forward in style.