Ifrit a Chinese web solution provider said Monday it has launched in China and plans to hire 500 people.
The company, which was founded in 2012 by an entrepreneur named Chen Jian, said it will open its first offices in Beijing in January.
Chen Jian, the founder of Ifrit, founded the company in 2012 and has become its CEO.
The first offices are scheduled to open in January, said Ifrit Chief Executive Officer Chen Jian.
The web service provider will operate in the China, Hong Kong, Macao, Taiwan, Vietnam and the Philippines.
Ifrit said it plans to have 200 million customers in China by 2019.
The China-based company was established by Chen Jian in 2012 to build a new web service offering for enterprises and customers, with plans to become a global leader in the sector.
Ifrit has a network of over 700 websites that serve over a million customers, according to Chen Jian’s website.
The new office will be located in Beijing, where Chen Jian said the company expects to hire 50 employees.
The company will open an office in Beijing as early as next month.
Citing China’s booming economy and a sharp drop in the currency rate, Chen Jian also said the Chinese government would help if the company’s operations were disrupted.
Chesapeake Energy Corp. has also launched a new China business, Chesapeake Global Energy, to explore the possibilities of expanding operations there, the company said in a statement.
In February, Chesham Corp. said it was expanding its China operations in a bid to gain more business and market access.