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Three Strategic Segments Drive EPWK's Synergistic Growth, Building New Pattern for Its Sustainable Expansion
Prnewswire· 2025-11-19 12:56
Core Insights - EPWK is advancing its global market expansion through three strategic segments: EPWK International, EPWK Curated Goods, and Enterprise AI Application Development, showcasing its operational capabilities and growth potential [2][25][29] Group 1: EPWK International - EPWK International launched its English version in June 2025, focusing on global creative services [4] - The platform targets regions with high demand for creative services, including Europe, America, and Southeast Asia, by forming partnerships with local enterprises and institutions [5] - A "Full-chain Safeguard Mechanism" is implemented to ensure fund security in cross-border transactions, utilizing an "Escrow First, Delivery Later" model [7][8] Group 2: Enterprise AI Application Development - EPWK is establishing a collaborative AI service ecosystem to support enterprise digital transformation [12] - The integration of the DeepSeek intelligent solution has led to the launch of the "EPWK AI Assistant," enhancing communication and matching efficiency for creative services [13] - The company aims to develop SaaS-based enterprise AI tools for SMEs, focusing on high-frequency scenarios like creative generation and marketing [17][18] Group 3: EPWK Curated Goods - EPWK is set to launch "EPWK Curated Goods," a creative physical product mall, emphasizing design, functionality, and emotional resonance [19][20] - The target demographic for "EPWK Curated Goods" includes urban life explorers aged 25-40, primarily in first- and second-tier cities [21] - The platform aims to balance affordability and quality, rejecting the extremes of cheapness and exclusivity found in other e-commerce platforms [22] Group 4: Strategic Synergy and Growth - The three segments create a synergistic growth model, enhancing core competitiveness and delivering sustainable returns [25][26] - The diversified revenue structure from these segments strengthens the company's resilience against market risks [28] - EPWK's strong technological foundation and strategic direction position it for growth in traditional and emerging markets, affirming its operational capabilities [29]
Technology Empowers Platform, Value Connects Future: EPWK's Path to an Intelligent Service Ecosystem
Prnewswire· 2025-11-17 12:12
Core Insights - EPWK International is a global creative transaction platform that integrates various functions to create a closed-loop environment for creative service transactions, focusing on key markets like Europe, the U.S., and Southeast Asia [2][10] - The platform aims to build a "global creative resource router" to enhance the efficiency of global creative talent connections, driven by technological innovation and AI [2][19] - EPWK has achieved significant operational growth, completing 4.6 million projects with a Gross Merchandise Volume (GMV) exceeding $1.67 billion from 2019 to June 30, 2024, positioning itself among the top crowdsourcing platforms in China [5] Technological Foundation - EPWK has invested heavily in R&D since its founding in 2011, accumulating 179 copyrights and applying for 17 patents, with 9 granted, focusing on areas like talent recommendation and transaction matching [3][4] - The platform's personalized intelligent task recommendation engine addresses industry pain points such as inefficient supply-demand matching and the cold start problem for new users [4][6] Product Ecosystem - EPWK has developed a membership service system with a three-tier structure (Basic, VIP, SVIP) to enhance global connectivity and create an equitable online work community [10] - The "EPWK AI Assistant" integrates professional large language models to streamline the creative transaction process, addressing issues like vague requirement descriptions and cumbersome publishing procedures [11][12] Value Co-Creation - The platform's ultimate goal is to achieve value co-creation through a support system that enhances capabilities, acquires opportunities, and protects rights, enabling participants to find growth paths [13][18] - EPWK's model breaks geographical barriers, allowing SMEs to connect with high-quality talent globally, thus optimizing resource allocation [14][17] Future Directions - EPWK plans to deepen AI technology applications, focusing on developing AIGC content generation tools and SaaS-based enterprise AI solutions to lower technical barriers for users [12][19] - The company aims to continue evolving its "Global Creative Resource Router" strategy, fostering collaboration with global creative talent to enhance the efficiency of resource flow and value sharing [19]
EPWK Aims to Build a Global Hub for Creative Talent Allocation
Prnewswire· 2025-09-10 12:30
Core Insights - EPWK has launched its international site, marking a significant step in its globalisation strategy as a technology-powered marketplace for creative services [1][13] - The platform aims to connect creative talent with business demand globally, positioning itself as a "router for global creative resources" [2] Company Overview - Founded by Huang Guohua, EPWK focuses on becoming a global hub for creative services, enabling efficient sourcing of qualified professionals through its digital infrastructure [2] - The company operates in over 300 service categories, emphasizing service outsourcing and remote collaboration for SMEs [3] Technology and Infrastructure - EPWK utilizes an AI-powered task matching engine to connect enterprises with freelancers, enhancing transaction accuracy and success rates [4] - The platform employs behavioural data analytics to refine recommendation algorithms and dynamic pricing tools, ensuring transaction trust and safety through various safeguards [5] Global Strategy - The launch of EPWK International aims to assist Chinese creative professionals in accessing global markets while bringing international standards into China [6] - Following its Nasdaq IPO in February 2025, the platform targets the U.S., Europe, and Southeast Asia, with plans for multilingual support and global localisation [7] Ecosystem Development - EPWK is building a full-cycle creative services ecosystem that includes business incubation, IP protection, and tax advisory services, while expanding into high-value verticals [8] - The company is also developing generative AI tools and exploring blockchain for copyright verification, aiming to create next-generation digital infrastructure for creative collaboration [9] Industry Impact - EPWK initiated China's first group standard for skill-sharing platforms to formalize quality and improve reliability, achieving a GMV of $350 million in 2023 with over 25.6 million registered users [10] - The company is working towards a unified system for creative services that standardizes and scales the discovery, delivery, and monetization of creative work across borders [11]
EPWK Launches International Platform, Aims to Bridge Global Markets for Creative Services
Prnewswire· 2025-08-28 13:01
Core Insights - EPWK has launched its international platform, positioning itself as a global gateway for digital service outsourcing, connecting SMEs with freelance talent across various fields [1][12] - The company operates in a high-potential sector driven by the expanding global creative services market, AI advancements, and a large pool of skilled talent in China [2][15] Company Performance - EPWK processed $350 million in gross merchandise value (GMV) in 2023, ranking second nationwide, with a cumulative GMV exceeding $1.67 billion and over 4.6 million projects completed [3] - The platform has over 25.6 million registered users across 2,800+ regions as of June 2024 [3] Service Quality and Technology - EPWK emphasizes service quality and user experience through strict vetting and reputation systems, ensuring provider reliability [4] - The company has invested in R&D to build an AI-powered service infrastructure, including a proprietary task recommendation engine that enhances matching accuracy [6][9] Service Offerings - The platform supports over 300 service categories, including design, development, AI, marketing, video, and copywriting, catering to diverse SME needs [7] - EPWK has introduced the "EPWK AI Assistant" to automate demand analysis and task management, with future features aimed at improving pricing accuracy [8] Strategic Expansion - Following its Nasdaq listing, EPWK aims to expand into key markets like Southeast Asia, Japan, and the West, localizing operations and offering multilingual support [11][13] - The company plans to build a global network by partnering with local businesses to attract international buyers and sellers [14] Future Outlook - Frost & Sullivan projects that China's creative crowdsourcing market could reach $24.3 billion by 2028, positioning EPWK to lead this transformation [15][16] - The company aims to enhance its platform capabilities while exploring blockchain applications for transaction security and investigating virtual workspaces in the metaverse [17] Social Responsibility - EPWK incorporates social responsibility into its strategy by supporting SMEs in digital transformation and contributing to the growth of the creative economy [19]