Youlife Group operates a blue-collar workforce services platform in China, covering the full career lifecycle of blue-collar workers — from vocational education through job placement and ongoing employment management. The company's dominant and fastest-growing business is labor outsourcing: Youlife employs blue-collar workers directly and deploys them to corporate clients in manufacturing, logistics, and services, charging client companies a service fee and earning a margin on the spread between what it charges clients and what it pays workers. The outsourced worker base grew from roughly 13,800 in 2023 to nearly 32,000 by end of 2025, and Youlife claims to rank first among blue-collar employee management service providers in China. On the education side, Youlife manages secondary vocational schools under long-term agreements, taking operational control and charging schools a per-student fee each semester; it also partners with schools on curriculum development under shorter-term, similar fee arrangements. As of end of 2025, Youlife managed 37 vocational schools and operated 146 curriculum development projects across 16 provinces. The education, HR recruitment, and market services segments have all declined sharply in recent years as labor outsourcing has become the clear focus. The business has a natural flywheel: vocational schools produce trained graduates who feed Youlife's outsourcing pipeline, while corporate client relationships inform curriculum development. Youlife listed on Nasdaq in July 2025 via a SPAC merger, trading under the ticker "YOUL."
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