UpWork, the largest online platform for finding and working with contractors, announced on Thursday that it had acquired Elance. The deal was valued at $900 million, and will make UpWork the largest provider of remote work tools in the world.
UpWork says that the acquisition will help it to better serve its existing customers, as well as to attract new ones. It will also give the company access to Elance’s “massive” user base of contractors.
PRO TIP: Did Upwork buy Elance?
– Yes, Upwork did buy Elance. However, this does not mean that Elance is now part of Upwork. Elance is still a separate platform with its own set of rules and regulations.
In a statement, UpWork CEO Stephane Kasriel said that the acquisition will help the company to “grow even faster” and to “deliver even better results for our contractors, clients, and employees.”
UpWork’s acquisition of Elance is a big deal, and it will likely have a major impact on the remote work industry. The two platforms have a lot of overlap, and combining them will give UpWork a much larger pool of workers from which to choose.
This will make it easier for employers to find qualified contractors, and for contractors to find work that fits their needs.
9 Related Question Answers Found
Elance has been around for many years and it is now UpWork. UpWork is a newer company and it has many features that Elance does not. UpWork is a better platform for businesses that need to find a freelancer quickly and easily.
UpWork is a popular online platform for finding freelance work. It offers a variety of services, including finding jobs, freelancing, and finding team members. Some people argue that UpWork is a ripoff because it charges users a fee to use its services.
UpWork is a website that connects businesses and professionals with one another. It is a reputable company, as it has been in business since 2009 and has a good reputation. The website is easy to use and has a large user base.
UpWork is a publicly traded company with its shares listed on the NAsdaQ under the symbol “UWP”. The company was founded in 2009 and has since grown to be one of the world’s leading crowdsourcing and outsourcing platforms. UpWork has offices in San Francisco, New York City, and London.
UpWork is a bidding site where contractors can bid on jobs. UpWork’s user interface makes it easy to find and review jobs, and contractors can bid on jobs in a variety of ways. UpWork is not a classified site, so contractors cannot post jobs that are not open to the public.
UpWork is a private company.
UpWork is a US company, headquartered in Redwood City, California. It was founded in 2008 by two former PayPal employees, and has since grown to be one of the world’s leading online platforms for finding freelance talent. UpWork has over 300,000 clients in over 180 countries, and has raised over $180 million in venture capital.
UpWork is a website that allows users to find and hire freelancers. It has a reputation for being a reliable and secure platform. However, some have raised concerns about the site’s legitimacy.
UpWork is a popular online platform for finding freelance work. It has a large user base and is considered a reputable resource for finding work. However, there have been reports of scam artists using the platform to exploit workers.