Fiverr International Ltd (FVRR) Sector
Communication Services

(Current) $24.66
0.00 (0%) Open Price: 24.60

 

Fiverr International Ltd. is an Israeli-based online marketplace that provides a platform for freelancers to offer digital services to businesses and individuals worldwide. The company was founded in 2010 by Micha Kaufman and Shai Wininger, and its headquarters are located in Tel Aviv, Israel. Fiverr's mission is to democratize access to professional digital services, enabling freelancers and small businesses to connect and collaborate in a global marketplace.

 

Fiverr offers a variety of services across several categories, including graphics and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, and business. Freelancers can create their own profiles, set their own prices, and offer their services to potential clients on the platform. Clients can browse and purchase services directly from the platform, and Fiverr charges a service fee for each transaction.

 

Fiverr went public on the New York Stock Exchange (NYSE) in June 2019, with an initial public offering (IPO) price of $21 per share. The company raised $111 million in the offering, which was oversubscribed. Fiverr's stock price has experienced significant volatility since its IPO, with a high of $336 per share in February 2021 and a low of $22 per share in March 2020.

 

Since its IPO, Fiverr has continued to grow and expand its services. The company reported revenue of $189.5 million in 2020, a 77% increase from the previous year. Fiverr's active buyers and sellers on the platform also increased by 37% and 30%, respectively, during the same period. The company has also expanded its services to include a subscription-based service called Fiverr Business, which provides additional tools and services for larger organizations.

 

Fiverr's success can be attributed to several factors, including the growing demand for freelance services, the company's user-friendly platform, and its ability to connect clients with freelancers across the globe. Fiverr's focus on innovation and expansion has allowed it to grow rapidly and become a leading player in the online freelance marketplace.

 



 

(05/23/24) $24.60
(05/25/24) $24.66
(05/25/24) (Qty.)737,575
(05/23/24) $24.57
(05/23/24) $25.43
(05/05/24) $19.98
(05/12/24) $26.49
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