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Gig Economy Stocks Worth Buying Now As the Theme Gains Popularity
ZACKS· 2026-01-14 15:41
An updated edition of the Nov. 24, 2025 article.The rise of the gig economy has transformed the traditional employment landscape. It gives workers greater freedom and flexibility by allowing them to decide their work hours, workload, and even their location. This flexibility makes it easier for individuals to manage different lifestyles and personal responsibilities. Unsurprisingly, the trend gained significant momentum during the pandemic and has continued to remain popular afterward, as both workers and e ...
3 Must-Watch Stocks Amid the Growing Gig Economy Popularity
ZACKS· 2025-11-24 14:26
Core Insights - The gig economy has gained significant momentum post-pandemic, reshaping traditional employment structures and allowing individuals greater flexibility in their work arrangements [2][3] - The global gig market is projected to grow from $582.2 billion in 2025 to $2.18 trillion by 2034, reflecting a compound annual growth rate of 15.8% [5] Industry Overview - The gig economy emphasizes flexibility and choice, making life more convenient through services like ride-hailing and food delivery, which rely heavily on gig workers [4] - Companies like Uber, Lyft, DoorDash, Upwork, and Fiverr exemplify the shift towards gig work, connecting independent professionals with businesses seeking short-term talent [4] Company Analysis - **Amazon**: Plays a significant role in the gig economy through programs like Flex, DSP, MTurk, and AWS, providing flexible work opportunities and supporting the technological infrastructure of gig platforms [8][9][10] - **DoorDash**: Holds over 65% market share in the U.S. food delivery market, utilizing independent contractors for delivery services, which allows for a flexible workforce and low operational costs [11][12] - **Lyft**: Competes in the ride-hailing market by offering flexible earning opportunities for drivers and focusing on sustainability and community-oriented services, while expanding through strategic partnerships [14][15][16]