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Breaking away from commission-based fees, Mereka opts for subscription model for its talent marketplace of experts

Digital News Asia LogoDigital News Asia13h ago

Breaking away from commission-based fees, Mereka opts for subscription model for its talent marketplace of experts - Digital News Asia

Quick Summary:

One platform, Toptal which connects businesses with software engineers, designers, finance experts, product managers, and project managers, charges up to 40%. 

Finding this to be fundamentally unfair, "because the person delivering the service is the expert, but the platform as an intermediary takes a huge cut of their earnings,” said Rashvin, Mereka aims to disrupt this with the introduction of its subscription based talent marketplace platform in June where talent do not have to pay the platform for the number of jobs they get.

With the gig economy in Southeast Asia valued at US$3 billion, said Rashvin, Mereka is targeting to sign-up 50,000 experts on the platform over the next eight years. 


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Article Details

Author / Journalist: karamjit2

Category: EconomyStartupsBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 16:30:50 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 1053 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Digital News Asia

News ID: 23449739

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About Digital News Asia

Digital News Asia Logo

Main Topics: EconomyStartupsBusiness

Official Website: digitalnewsasia.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 21 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #18

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