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How does UpWork make money?

Last updated on September 24, 2022 @ 8:41 pm

UpWork is a platform that connects people who need skilled labor with people who have the skills to provide that labor. The company charges clients a fee to use its services and then pays its workers according to a predetermined rate. UpWork takes a commission on the fees it collects from its clients. In addition, the company makes money through its own advertising and subscription services. UpWork has been profitable since it was founded in 2008.

PRO TIP: Upwork makes money by charging a percentage of the total amount of the project. They also charge a service fee for each hour worked on the project.

The company has grown rapidly, and it now has more than 2 million active users. The company has been able to grow this rapidly by focusing on two key areas: finding skilled workers and finding clients who need those workers. UpWork has built a large network of workers and clients and is able to provide a wide range of services. The company is well-funded and has a strong track record of profitability.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.