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EPWK Launches International Platform, Aims to Bridge Global Markets for Creative Services
Prnewswireยท 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]