Conclusion
Obviously, luck has also played a role in the company’s success. There is no assurance that an expensive error in execution will not occur along the way as they expand into other markets more complex than Malaysia’s. Or that they will not face new entrants with extremely deep pockets and willing to go into an irrational price war.
So far, the company has proven its ability to avoid pitfalls and to make the right judgment calls as market situations warrant it. Can JobStreet become Asia’s Monster.com? Time will tell.
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