Year of Online Companies, Fiverr Skyrocketing
As the quarantine began, many activities went online, like work, entertainment, shopping. Many companies in these industries are the winners on stock exchanges, like Netflix, Amazon, or Zoom. Many people registered on services where an online workforce is asked. Like Fiverr, Upwork, and similar “freelancer exchanges”, workforce markets. The user statistics don’t seem to be public, but the stock price of these companies is reflecting high expectations of success.
The market seems to be very positive about the spreading of online work opportunities. Fiverr stock price jumped 141 percent (more than doubled), and Upwork, 33 percent this year. Also, the quarterly report of Fiverr was better than expected. “Added over 30 new categories in Q1’20 and experienced accelerating growth across all verticals in April” – wrote the company.
Fiverr also announced its expansion globally. Spanish and French versions are coming, after the German version, launched in February. Upwork reported revenues increasing by 21 percent in the first quarter. But April, the first full month of quarantines, may have ended even better for many online businesses.
Where to Look for Online Work?
Fiverr ranks at place #364 in the “global internet engagement list” of Alexa. Upwork is number 848 at the moment. Other popular competitors may be:
If you are searching for job opportunities, read the guides of the mentioned online work portals. For example, the blog of Fiverr about the success on their page here. (I’m not affiliated with Fiverr or any other firm mentioned in this post.) To have a broader picture of the freelancer-industry, you can also search on Google, DuckCuckGo, or Startpage for topics like “Fiverr competitors” or “Fiverr alternatives”.