Acquires Leading Polish Freelancing Marketplace
Sydney, Mar 19, 2014 AEST (ABN Newswire) - Freelancer Limited (Freelancer or the Company) (
ASX:FLN) today announced the acquisition of certain intellectual property and domain name assets of zlecenia.przez.net sp. z o.o., which operates Poland's largest freelancing marketplace dedicated to online categories of work (zlecenia.przez.net or the Site).
The Site's marketplace has operated since 2004 and has over 85,000 users who have posted over 115,000 projects to date. Freelancer will integrate the Site's users onto its global marketplace in the coming days.
Freelancer's website is already translated into Polish, operating via its regional website www.freelancer.pl, previously supporting 82,500 Polish users, and will now support transactions in Polish Zloty which will ensure a smooth transition for users of the Site.
Commenting on the acquisition, Freelancer CEO & Chairman Matt Barrie said, "The acquisition of zlecenia.przez.net continues our commitment to creating a global marketplace where small business and freelancers can work together on any job, in any country, in any language, at any time."
The acquisition of the Site will be funded from the Company's existing cash reserves and is not expected to have a material impact on revenue in FY14.
About Freelancer Ltd
Triple Webby award-winning Freelancer.com is the world's largest freelancing and crowdsourcing marketplace by total number of users and projects posted. Tens of millions of registered users have posted 7+ million projects and contests to date in over 750 skill category areas as diverse as website development, mobile apps, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer Limited is listed on the Australian Securities Exchange under the ticker (ASX:FLN).
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