Cowdsourcing.org The Industry Website

Register Login
or sign in with

Web's Largest listing of crowdsourcing and crowdfunding events

Events

Advertise
Web's Largest Directory of Sites

2,875 crowdsourcing and crowdfunding sites


Freelancer.com Grows Again, Moves Deeper Into U.S. with vWorker Deal
editorial

Freelancer.com Grows Again, Moves Deeper Into U.S. with vWorker Deal

Australia's Freelancer.com continued its expansion today with the announcement that it has acquired US-based vWorker (formerly RentACoder.com).

Already the largest marketplace of freelancers in the world, Freelancer.com also gobbled up Canada's ScriptLance earlier this year. While that earlier acquisition added over 350,000 freelancers to the site's ranks, the vWorker deal is significantly larger, involving a globe-spanning pool of over 2.5 million professionals, according to figures provided by Freelancer.com.

The deal increases Freelancer.com's user base by over 50 percent, and brings total membership to over 6.6 million users.

While originally focused on programming and IT work, vWorker grew to also encompass other fields popular in the crowdsourcing world, including graphic design and writing.

As crowdsourcing matures, the number of competitors in the field is beginning to shrink more quickly of late, and Freelancer.com has become the great white shark of the cloud labor sector, speaking in broad terms. The Aussie outfit and the companies that have been rolled into it have been around in one form or another since 2001, with 2.6 million projects worth over $650 million posted since 2004.

Freelancer.com has been aggressively consolidating the space since 2009, and acquiring Florida- based vWorker puts it more directly in competition with oDesk, which has a strong crowd of U.S.-based workers and often boasts that its contractors earn the highest rates in the industry.

Freelancer.com, by contrast, has a strong crowd of workers based in developing countries like Pakistan and Bangladesh, and claims that the average cost to a business to source a job through its platform is just $200.

The terms of the deal were not disclosed, but the (admittedly vague) rumor is that it can be counted in the millions of dollars.

You can watch a video message about the acquisition from vWorker's Ian Ippolito below:

Flag This

13

Comments

  • Benjamin Benjamin Dec 05, 2012 10:24 pm GMT

    NEW! check out @ http://USFreelancer.com - Connecting American Freelancer with Employers.

Guest
 Join or Login
 Optional