Shocking but true, oDesk And Elance merging together. Read details about this deal, and what oDesk CEO Gary Swart (now leaving) have to say about it.

Your take on Getting a SmartWatch?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

The biggest two player in Freelancing Marketplace is merging together. This news came to me as pure shock (not in bad way). oDesk CEO Gary Swart announced it on oDesk company blog.


elance-odesk

This merger is almost like Coke-Pepsi merging together! But they claimed they will perform separately as they are doing right now, though oDesk CEO Gary Swart is leaving, and Fabio Rosati, Elance’s CEO will be taking the lead, and oDesk CEO Gary Swart assuming the role of “strategic advisor”.

oDesk and Elance are now waiting regulatory approval, and they plan to complete the merge very quick. Their boards and management teams are merging too, and they’re thinking about moving from their offices in Redwood City (oDesk) and Mountain View (Elance) to one central location in San Francisco possibly.

In the online freelance business, the primary competitor of Elance-oDesk is Freelancer.com, which has nearly 10 million registered users, though the two companies also has competitor like design marketplace 99Designs and mini-task site Fiverr. oDesk has so far raised $46 million in venture capital, while Elance has raised roughly double that amount.

oDesk CEO Gary Swart said – “Together, [our] companies have done $2 billion in a market that’s more than $422 billion. We’re not even scratching the surface of the disruption that’s ripe for the 1.0 way of working.”

According to oDesk CEO Gary Swart they expect this merger will be complete by Q1 of 2014. We seen kind of negative reaction among freelancer worldwide. We wish both companies good luck, but what do you think? Share your thoughts with us.

Buy Cheapest Related Product From Amazon.com


Swedish Man Fined Over $650k For Sharing A Movie Online

Uber And Lyft Compete For U.S. Taxi Market Share
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On December 19, 2013(1 year, 1 month ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

Here is another tutorial for the Android lovers. I will show you how to change keyboard on Android.
Here is our new android tutorial on how to change the default launcher on Android.
Here is the tutorial about how to setup Internet settings on Android device.
Today, We are going to show you a tutorial on how to disable Geotagging on Android.
here is our new Android tutorial on how to change default music player on android
The tutorial will help you to add multiple Google Account on your Android device.
Here we will show how you could Jailbreak Any iPhone Or iPad On Latest Firmware iOS 8.1.2. Keep reading.
In this tutorial I will show you how to transfer Google Contacts to iPhone Contacts list using iCloud services in just few steps.
Slower speed of downloading with torrent? Want to download torrent with idm? This article is for you. To get started see the article here.
Many users are already complaining and searching for the tips of how to capture the screenshot on LG G3. The tutorial will help to do that.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook