Gig-work Platform EPWK Tests Investment Crowds With Upsized IPO Plan

Quick Summary:

Key Takeaways: EPWK, which helps small and medium-sized companies find gig workers, has raised its IPO fundraising target by about a third from its original plan in February 2023

While demand for crowdsourcing platform services has recovered from a pandemic downturn, China’s slowing economy has eroded the company’s margins By Edith Terry

When EPWK Holdings Inc. (NASDAQ: EPWK) first filed for a New York IPO in February last year, it was part of a flurry of smaller Chinese companies making such applications after China’s securities regulator clarified they could proceed.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: The Bamboo Works

Category: InvestingBusiness

Markets: United StatesChina

Topics: Contributors Asia Small Cap Markets EPWK UPWK IPOs General Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 10:24:35 (6 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1200 words

Reading Time: 7 minutes read

Sentences: 42 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 23447240

View Article Analysis

About Benzinga

Main Topics: InvestingBusiness

Official Website: benzinga.com

Year Established: 2010

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #54

Publisher Details

Frequently Asked Questions