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Adecco Japan acquires freelance jobs site, A-Star

Japanese staffing firm Adecco Japan has acquired all of the freelance tech jobs site A-Star‘s shares, for an undisclosed amount.

 

In a statement, Adecco said the acquisition will pave the way to digital platform business for freelancers and help the company promote career management services in the growing gig economy. It will also help the company promote crowd-sourcing services — which are estimated to reach 295 billion yen ($2.7 billion US) by 2020 as compared to 21.5 billion yen ($196.3 million US) in 2013.

 

Established in 1985, Tokyo-headquartered Adecco Corp. is a Japanese subsidiary of Adecco Group. It has 3,000 employees. The corporation already operates a temporary tech jobs site, TBrain.Adecco.co.jp. It also runs a general temporary jobs site Haken.Adecco.co.jp, a regular jobs site SpringJapan.com, and a jobs site for fresh graduates Campus.SpringJapan.com.

 

A-Star has more than 1,000 IT engineers registered with its site. The annual size of projects listed on the site is about 100 billion yen ($913 million US), while freelancers have raked in 7.2 billion yen ($65.7 million US) in paychecks since 2012.

 

Photo courtesy of Shutterstock.com

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