Date
23 May 2018
AdAsia, a provider of end-to-end solutions in artificial intelligence and marketing, aims to launch an initial public offering by 2019. Photo: AdAsia
AdAsia, a provider of end-to-end solutions in artificial intelligence and marketing, aims to launch an initial public offering by 2019. Photo: AdAsia

AdAsia launches AI-driven recruitment platform

AdAsia, a provider of end-to-end solutions in artificial intelligence (AI) and marketing, has launched a new service: TalentMind, an AI-driven human resource technology platform.

TalentMind is a software that streamlines and enhances the recruitment and hiring process. Tapping on natural language processing (NLP), it provides profile analysis and screening of prospective personnel as well as matching prospects to businesses.

With the TalentMind platform, job recruiters and human resource professionals are able to use data from prospects’ social media platforms and résumés to better understand their behavioral and personality traits.

More than 10 companies have already expressed interest in the new service, the company said.

AdAsia was co-founded by Japanese Kosuke Sogo and Otohiko Kozutsumi. Headquartered in Singapore, the company started operations in April 2016.

It provides end-to-end advertising and marketing solutions, powered by AI. Its producs include CastingAsia, an AI-focused marketing solution that connects micro-influencers with brands using NPL and deep learning technology.

The 21-month-old company has expanded into 10 offices in nine countries. It generated US$12.9 million in revenue in 2016, and recorded a 30 percent quarter-on-quarter revenue growth in 2017 while operating at a profit, the company said.

It has recently restructured its business, establishing AnyMind Group as its parent company. The company has three firms, namely AdAsia Holdings, TalentMind and CastingAsia, its AI-driven marketing technology platform.

Sogo, who serves as the group chief executive, said the company plans to go public by 2019, although it has yet to decide on the listing venue. 

This article appeared in the Hong Kong Economic Journal on Jan 16

Translation by Ben Ng

[Chinese version 中文版]

– Contact us at [email protected]

BN/CG

Hong Kong Economic Journal

EJI Weekly Newsletter

Please click here to unsubscribe