Youlife Group Inc. Announces Plans to Acquire Four Companies to Boost Blue-Collar Talent Services
Youlife Group Inc., a leading blue-collar lifetime service provider in China, has announced its intent to acquire four companies to enhance its market position in blue-collar talent services. The company has entered into non-binding term sheets to acquire 100% equity interests in Jiangsu Youlan Network Technology Co., Ltd, Hubei Joins Hands with Tongcheng Information Technology Co., Ltd, Guangxi Jiade Human Resources Service Co., Ltd, and Lijiang Bona Vocational Skills Training Co., Ltd. These acquisitions aim to strengthen Youlife's capabilities in recruitment, flexible staffing, outsourced HR services, and vocational education. By integrating the strengths of these companies in information technology, digital solutions, and platform resources, Youlife plans to build a comprehensive ecosystem that spans online recruitment, HR services, career consulting, vocational skills training, and education, thereby expanding its market share and solidifying its leadership in China's blue-collar talent sector.
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