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      "text": "In 2019, it appears that the jobs market is experiencing slower momentum than previous years, according to WUBA's management in its Q4 2018 earnings conference call.",
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      "text": "Every year after the Chinese Lunar New Year’s Spring Festival holiday, the jobs market in China starts to pick up as many people return from their hometowns to start finding jobs in bigger/coastal cities.",
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      "text": "Another U.S. listed Chinese company that is focused on providing integrated human resource services in China, 51job, Inc. (NASDAQ: JOBS), echoed WUBA’s management in saying that the jobs market in China has been slower than previous years:",
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      "text": "Within our job category, employers continue to be very cautious when it comes to hire with more and more talking -- wait-and-see approach...",
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      "text": "......And then jobs also I want to emphasize because it's also pretty significant. In the past it's been very fast-growing segment, but in the recent months we are starting to see the impact of a - of a slowing down economy as well.",
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      "text": "Alicia Yap [Analyst from Citigroup] Thank you, Kathleen. If I may, can I just follow up with Rick's comments about the macro situations? We've also been hearing from some industry people about after the Chinese New Year...",
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      "text": "“......And then jobs also I want to emphasize because it's also pretty significant. In the past it's been very fast-growing segment, but in the recent months we are starting to see the impact of a - of a slowing down economy as well.” — WUBA Management (Q4 2018 Earnings Call)",
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