Fiverr International Ltd. operates an online marketplace that connects businesses with freelancers and digital-service talent across more than 750 skilled categories. News about FVRR commonly covers quarterly results, shareholder letters, guidance, marketplace activity, spend trends, and the company's shift toward higher-value projects and a broader work-platform model.
Recurring company updates also include AI-related products and services, such as GenAI tools, AI video offerings, matching infrastructure, Fiverr Pro initiatives, and trend reports drawn from marketplace search activity. Coverage often references categories such as software and AI development, digital marketing, finance, business consulting, video animation, music, and architecture.
Fiverr International Ltd. (NYSE: FVRR) has launched 'Inspire,' a new visual discovery feature in its mobile app designed to personalize the user experience. This feature showcases curated content from Fiverr freelancers, allowing users to interact by liking and adding content to mood boards. Inspire aims to celebrate freelancer creativity and assist users in discovering valuable services while drawing inspiration for projects. It incorporates elements like authenticity, visual discovery, and personalization, enhancing user engagement and exploration.
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Fiverr International Ltd. (NYSE: FVRR) and Stride Health have partnered to provide affordable healthcare, dental, and vision insurance for self-employed professionals on Fiverr's platform. The initiative aims to raise awareness about subsidies under the American Rescue Plan, making healthcare more accessible. The partnership launches during the 2022 Open Enrollment Period, allowing Fiverr freelancers to access tailored health insurance recommendations and government financial assistance. Stride will offer year-round support to help users maximize their benefits.
Fiverr International Ltd. (NYSE: FVRR) reported a robust Q3 2021, with revenue reaching $74.3 million, up 42% year-over-year. Active buyers increased by 33% to 4.1 million, while spend per buyer rose 20% to $234. The company also improved its take rate to 28.4%. Despite a GAAP net loss of $14.3 million, non-GAAP net income increased to $7.7 million. Fiverr has made significant acquisitions with Stoke Talent and CreativeLive, and launched the Fiverr Workspace. The company raised its full-year revenue guidance to a growth of 54-56% for 2021.
Fiverr International Ltd. (NYSE: FVRR) has announced the launch of Fiverr Workspace, a comprehensive suite of back office tools tailored for freelancers and small business owners. This platform integrates popular features from AND.CO alongside new functionalities for enhanced management of payments and taxes. Key attributes include new payment options, automated tax preparations, and improved user experience. Fiverr Workspace is available in both freemium and unlimited versions, priced at $24 monthly or $216 annually.
Fiverr International Ltd (NYSE: FVRR) announced that CEO Micha Kaufman and CFO Ofer Katz will speak at the 2021 RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference on November 17, 2021, at 8:55 a.m. Eastern Time. A live webcast will be available on the company's investor relations website, with an archive accessible later. Fiverr connects businesses with freelancers across over 500 service categories, having served 4 million customers from more than 160 countries in the past year.
Fiverr International Ltd. (NYSE: FVRR) announced the acquisition of Stoke Talent for $95 million. This acquisition aims to enhance Fiverr's ability to integrate online and offline freelance management into corporate workflows. Stoke's tools will provide businesses with a comprehensive solution for onboarding, payments, and budget tracking. With this deal, Fiverr targets larger businesses, expanding its footprint in the offline freelancing market. The integration is expected to unlock synergies between Fiverr's existing B2B offerings and Stoke's management platform.
Fiverr announces its new brand campaign, “Something from Nothing,” aimed at inspiring entrepreneurs worldwide to transform their ideas into reality. The campaign will run across key target markets and utilizes digital, television, and out-of-home advertising. A recent study revealed that 25% of U.S. adults had business ideas in the last 18 months, with 59% not pursuing them due to a lack of resources. The campaign promotes Fiverr freelancers as valuable resources for budding entrepreneurs. The initiative strives to address changing work perspectives, emphasizing autonomy and flexibility in the workplace.
Fiverr International Ltd. (NYSE: FVRR) released its Fall 2021 Small Business Needs Index, revealing significant trends in search data from its platform. The findings indicate that hybrid business models, integrating online and offline operations, are becoming the norm. Key trends show substantial increases in searches for services like Shopify Sales Funnel (235% increase) and Amazon PPC Campaign (171% increase). Freelancers on Fiverr can earn up to $10,000 per project for Amazon PPC Campaigns and $2,195 for Shopify Sales Funnels, highlighting growing opportunities for skilled professionals.
Fiverr International Ltd. (NYSE: FVRR) will release its third quarter 2021 financial results on November 10, 2021, before market opens. A conference call is scheduled for 8:30 a.m. EST that day to discuss the results. The company aims to connect businesses with skilled freelancers offering digital services across various categories. In the last twelve months ending June 30, 2021, 4 million customers utilized Fiverr's services from over 160 countries.