• About
  • Solutions
    • Cloud
    • Network
      • Structured Cabling
    • Wireless
      • IoT (Internet of Things)
  • Telecom Solutions
    • Internet Services
    • Voice Services
      • Digital Transformation
      • Unified Communications (UCaaS)
      • Call Center (CCaaS)
      • Mobility
    • Telecom Audit and Expense Management
    • Network and Communication Data
  • Services
    • Professional Services
    • Help Desk
  • Blog
  • Careers
  • Get In Touch
    • Contact Us
    • Become a Partner
    • Request a Demo
    • Send a Ticket
  • About
  • Solutions
    • Cloud
    • Network
      • Structured Cabling
    • Wireless
      • IoT (Internet of Things)
  • Telecom Solutions
    • Internet Services
    • Voice Services
      • Digital Transformation
      • Unified Communications (UCaaS)
      • Call Center (CCaaS)
      • Mobility
    • Telecom Audit and Expense Management
    • Network and Communication Data
  • Services
    • Professional Services
    • Help Desk
  • Blog
  • Careers
  • Get In Touch
    • Contact Us
    • Become a Partner
    • Request a Demo
    • Send a Ticket
Blog > Fiverr acquires Stoke Talent To Compete with LinkedIn’s recent launch of Service Marketplace.

Fiverr acquires Stoke Talent To Compete with LinkedIn’s recent launch of Service Marketplace.

Fiverr acquires Stoke Talent To Compete with LinkedIn’s recent launch of Service Marketplace.

On the heels of LinkedIn last week launching Service Marketplace, a competitor to freelance platforms like Fiverr and Upwork, today Fiverr announced an acquisition that speaks to how it plans to stay in the game by building in more features for its users. Fiverr is acquiring Stoke Talent, which lets companies manage their freelance teams, for $95 million.

Stoke’s toolset includes features to onboard new freelancers; employers can also pay them through the platform, and accordingly track their overall freelance budgets. The idea here is to build tools that both tie in those employers more tightly into Fiverr’s freelance marketplace — Stoke will remain independently operated, but the products also will be integrated, so that freelancers hired via Fiverr can be onboarded and paid through Stoke — and also tie Fiverr more deeply into how those companies work with freelancers overall, even if they are not sourced via Fiverr itself.

The deal speaks to how big players in recruitment — namely Microsoft-owned LinkedIn — are working on ways of expanding their business by moving into new and adjacent areas of the employment market. This is in turn driving some consolidation, with larger and established players in freelance services snapping up smaller companies to expand their own platforms, creating more utility and monetizable features in the process.

Fiverr is still well ahead of LinkedIn in the freelancer landscape: its marketplace covers freelancers from some 160 countries with specialties in more than 500 categories and nine verticals such as graphic design, digital marketing, programming, video and animation; and some 4 million customers have used Fiverr to engage those freelancers. LinkedIn by contrast covers half as many categories (with plans to expand soon to 500), with some 2 million freelancers registered; it’s not disclosing how many customers have engaged their services just yet, and it is only now opening up globally outside of a limited, closed beta that it ran in the U.S. But LinkedIn, with nearly 800 million users and a very strong presence in the wider professional networking and job-hunting markets, will be a formidable competitor in any adjacent space that it decides to tackle.

Return to Blog

(800) 977-5117

info@gtglobal.ca

24x7x365

Contact Us

Email Us

Support Services

ABOUT US

GT Global Services is a technology solutions provider, giving your business a single source for technology solutions. Our goal is to provide your business with the ultimate solution to fit all of your technology needs.

LOCATIONS

110 Cochrane Drive
Building A 2nd Floor
Markham, ON
L3R 9S1

848 Brickell Ave.
Penthouse 5
Miami, FL
33131

CONTACT

800-977-5117

info@gtglobal.ca

24x7x365

All Rights Reserved. 2020

  • Home
  • About
  • Services
  • Contact Us
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT