Type
Business expansion
Country
European Union
Region
Location of affected unit(s)
France, Germany
Sector
Information / Communication
Information Service Activities
Digital Infrastructure Services
63.12 - Web portals

400 jobs
Number of planned job creations
Job creation
Announcement Date
12 July 2018
Employment effect (start)
13 July 2018
Foreseen end date
31 July 2020

Description

The French-German company Doctolib which has developed an online scheduling platform for all sorts of doctors, from local physicians to big city hospitals, has announed it will acquire its main competitor Mondocteur from Lagardère Group, and recruit at least 400 new employees. "With 55,000 practitioner users and 20 million patient visits each month," the Doctolib and MyDoctor group "now provides the world's most widely used online medical appointment service," said Doctolib in a statement.

These two startups will form a single big company after the acquisition with 600 employees (450 from Doctolib and 150 from MonDocteur). It will also lead to a huge jump in monthly recurring revenue. The company expects to reach 1,000 employees in the next year, which means it aims to recruit at least 400 employees. The company will triple the number of engineers in its R&D department mainly in Germany to reach a workforce of 250 engineers.


Sources

Citation

Eurofound (2018), Doctolib, Business expansion in European Union, factsheet number 94707, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94707.