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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]