The firm acquired a 23.5% stake in the employee engagement platform, which will help its Storm Flex Systems subsidiary expand into China.
Mobile consumer technology provider Xurpas has paid $10m for a 23.5% stake in China-based human resources software producer Micro Benefits, DealStreetAsia reported yesterday.
Founded in 2010, Micro Benefits has built a mobile emplyee engagement platform for businesses with Chinese manufacturing facilities, operating in industries like consumer electronics and clothing, through its Micro Benefits Financial Consulting subsidiary.
Xurpas estimates the company’s Company Link employee engagement platform is used by almost 700,000 of its clients’ workers. The firm’s flexible benefits subsidiary, Storm…