27 Apr '15, 1pm

What is and why did it buy

Publicly traded freelance marketplace owns a number of businesses, including a website and domain name marketplace. Yesterday (United States time), Freelancer.com announced that it acquired Escrow.com for US $7.5 million . Freelancer.com is a publicly traded company in Australia with a market cap of about $450 million, but many people probably aren’t familiar with it. The company is similar to oDesk/eLance, where people post jobs they need done and freelancers bid to complete the work. Freelancer.com owns a number of freelance communities and is working to consolidate the community. In fact, last year it acquired the popular internet marketing forum Warrior Forum. Last year it also acquired: SydStart – an Austraian startup conference and community Zlecenia.przez.net – freelance marketplace in Poland Fantero – virtual content marketplace The company also owns Freemarket.com...

Full article: http://domainnamewire.com/2015/04/27/what-is-freelancer-c...

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The many people in our industry who are Escrow.com clients first got word of the deal Sunday night (U.S. Eastern time) whe...

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Freelancer.com announces the acquisition of Escrow.com and completion of capital raising Some big news for a Sunday night,...

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