Is Indeed Publicly Traded? What Investors Should Know
Get clear answers on Indeed's trading status and indirect investment pathways via its publicly traded parent company.
When a company is “publicly traded,” its shares are bought and sold on a stock exchange, accessible to the general public. These shares represent ownership in the company, allowing investors to participate in its financial performance. Indeed, a widely recognized online job platform, connects millions of job seekers with employers globally. This platform simplifies the process of finding employment and talent acquisition for businesses of all sizes.
Indeed’s Public Trading Status
Indeed, Inc. is not a publicly traded company as a standalone entity. It operates as a private company. Indeed functions as an independent subsidiary within a larger corporate structure. This operational model is common for many successful brands that are part of broader holding companies, which may or may not be publicly traded themselves.
Indeed’s Parent Company and Its Public Status
Indeed’s parent company is Recruit Holdings Co., Ltd., a multinational conglomerate based in Japan. Recruit Holdings is a publicly traded company, with its shares listed on the Tokyo Stock Exchange (TYO) under the ticker symbol 6098.
Recruit Holdings operates through several segments, with its HR Technology segment encompassing global online job matching platforms such as Indeed and Glassdoor. Indeed became an independent operating unit of Recruit Co. Ltd. on October 1, 2012. This structure allows Indeed to leverage the resources and strategic direction of a large, publicly traded corporation while maintaining its distinct brand and operational focus.
Investing in the Parent Company
Individuals interested in investing in Indeed’s success can do so indirectly by acquiring shares of its parent company, Recruit Holdings Co., Ltd. U.S. investors can access foreign-listed stocks through American Depository Receipts (ADRs). ADRs are certificates that represent shares of a foreign company’s stock, traded on U.S. exchanges or over-the-counter (OTC) markets.
Recruit Holdings has an ADR that trades on the OTC Markets under the ticker symbol RCRUY. Investors can purchase these ADRs through a standard brokerage account that offers access to international securities. Alternatively, some U.S. brokerage firms provide global accounts, enabling direct investment in stocks listed on foreign exchanges like the Tokyo Stock Exchange. It is advisable to consult with a financial professional to understand the nuances of international investing, including potential currency fluctuations and foreign tax implications.