InvestSMART

Freelancer float

Sydney-based Freelancer.com has applied to list on the Australian Stock Exchange. The move, foreshadowed by Fairfax Media in September, caps a period of fast growth for the site that includes freelancers from 247 countries. CEO Matt Barrie previously said it was "a national imperative" to build local IT.
By · 15 Oct 2013
By ·
15 Oct 2013
comments Comments
Sydney-based Freelancer.com has applied to list on the Australian Stock Exchange. The move, foreshadowed by Fairfax Media in September, caps a period of fast growth for the site that includes freelancers from 247 countries. CEO Matt Barrie previously said it was "a national imperative" to build local IT.
Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.

Frequently Asked Questions about this Article…

Freelancer.com is a Sydney-based platform that connects freelancers from 247 countries with potential employers. The company is listing on the Australian Stock Exchange to capitalize on its rapid growth and to further expand its reach and capabilities.

The CEO of Freelancer.com is Matt Barrie. He has expressed that it is a 'national imperative' to build local IT, indicating his vision to strengthen and expand the tech industry in Australia through Freelancer.com's growth.

Freelancer.com hosts freelancers from 247 countries, showcasing its extensive global reach and diverse talent pool.

Freelancer.com's growth is significant for investors because it highlights the platform's increasing popularity and potential for profitability, making it an attractive opportunity for those looking to invest in a rapidly expanding tech company.

The listing of Freelancer.com on the ASX is a positive development for the Australian tech industry as it underscores the potential for local tech companies to grow and succeed on a global scale, potentially attracting more investment and talent to the sector.

While the article does not specify exact plans, companies typically use funds raised from stock exchange listings to expand operations, invest in technology, and enhance their market presence, which could be expected for Freelancer.com as well.

Freelancer.com's ASX listing could enhance its global operations by providing additional capital to invest in technology and infrastructure, thereby improving service offerings and expanding its user base worldwide.

Freelancer.com's global reach benefits its users by providing access to a vast network of freelancers and employers from 247 countries, increasing opportunities for collaboration and project fulfillment across diverse markets.