Upwork Readies Proposed Terms For $135 Million IPO
Seeking Alpha / 09.25.18
Seeking Alpha / 09.25.18
Upwork (UPWK) and selling shareholders intend to sell $135 million worth of common stock in a U.S. IPO, per an amended registration statement.
The company operates an online marketplace that enables individuals to find work offered by job posters, for full-time and part-time projects.
UPWK has produced an accelerating topline revenue growth rate but has a growing competitor in Microsoft’s LinkedIn as it integrates its offerings into the industry giant Office suite.
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