Richard Lau has sold Resume.com to Indeed. The announcement came via a press release from Indeed.
No information has been provided about how much Resume.com was sold for. I reached out to Richard for a comment but he wasn’t able to provide any information, likely to due to an NDA.
Indeed and its Japanese parent company Recruit Holdings recently acquired another job site GlassDoor.com for $1.2 billion dollars. It seems Recruit Holdings wants to buy-up the other job sites and are willing to spend cash to do it.
From the press release, which you can read below, it states Resume.com has 3.5 million users and they add roughly 40,000 resumes each week. All of these were paid users but Indeed will make the service free.
The website’s global Alexa traffic score is 35,912 and US score is 16,511. The SimilarWeb score is 506 for the jobs and employment category, 18,369 for the US, and 52,309 globally as of this writing. Impressive considering the site was started four years ago. This shows the power of building a business on a premium domain name and the traffic it can bring.
Richard Lau is listed as the co-founder of Resume.com on the about page. Lau is well known in the domain industry. He most notable is the founder of the NamesCon domain conference. Richard Lau also owns an impressive array of premium domains and operates SSLCertificate.com and BabelFish.
It was a smart move for Indeed and Recruit Holdings to acquire Resume.com. It will prove to be a good advertising tool to the job business and generate a lot resume leads. This also means competitors can’t buy the domain now.
What do you think of this acquisition and sale? Good move for all parties involved?
Editor’s Note – This is a guest article written by Adam Yamada-Hanff. He is an SEO and domain specialist. You can catch Adam on his blog where he shares various thoughts about digital marketing and the internet. Adam is available for domain consulting and domain name brokering.
[Press Release] Indeed Announced Today That It Will Acquire Resume.com to Enable Job Seekers to Build and Download Personalized Resumes for Free
Austin, TX (May 25, 2018) — Indeed announced today that it acquired resume.com, an online service for creating personalized resumes. Over 3.5 million job seekers currently use the site, creating more than 40,000 resumes every week, and accessing timely career resource information. Indeed will continue to operate resume.com and enable job seekers to build, download, and print personalized resumes for free.
“Resume.com provides job seekers with a vital resume service and career tools to aid in their job search,” said Raj Mukherjee, SVP of Product at Indeed. “We’re excited to add this site to Indeed’s offerings as it aligns perfectly with our mission of helping people get jobs.”
Resume.com was founded in 2014. It provides tools to help job seekers build and customize resumes. Prior to Indeed acquiring the site, resume.com charged users a monthly fee for downloading and printing resumes. Indeed will discontinue these fees as of today.
Resume.com employees will join Indeed and continue to operate out of Vancouver, Canada.
