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Upwork:Quarterly Results/2022 Q4: Difference between revisions
Upwork:Quarterly Results/2022 Q4 (view source)
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* Piper Sandler analyst Matt Farrell kept an Overweight rating on Upwork after the company announced it was venturing into full-time rating. The analyst said, "The product further solidifies the company's position as one of the leaders in the world's work marketplace, with no other major player in the space offering the end-to-end capabilities across the work gamut." He added that the new product unlocks a new total addressable market for the company<ref>https://thefly.com/landingPageNews.php?id=3661865&headline=UPWK-Upwork-expansion-opens-new-addressable-market-says-Piper-Sandler&utm_source=https://thefly.com/news.php%3fsymbol=UPWK&utm_medium=referral&utm_campaign=referral_traffic</ref>. | * Piper Sandler analyst Matt Farrell kept an Overweight rating on Upwork after the company announced it was venturing into full-time rating. The analyst said, "The product further solidifies the company's position as one of the leaders in the world's work marketplace, with no other major player in the space offering the end-to-end capabilities across the work gamut." He added that the new product unlocks a new total addressable market for the company<ref>https://thefly.com/landingPageNews.php?id=3661865&headline=UPWK-Upwork-expansion-opens-new-addressable-market-says-Piper-Sandler&utm_source=https://thefly.com/news.php%3fsymbol=UPWK&utm_medium=referral&utm_campaign=referral_traffic</ref>. | ||
== Main Product Updates<ref>https://community.upwork.com/t5/Product-Release-Notes/bg-p/ProductUpdates</ref> == | |||
* On February 14, the company redesigned its client dashboard to enhance work management flow. | |||
* Added new generative AI job category in February 10. | |||
* Effective January 18, freelancers can buy unlimited connects. Prior, freelancers were limited to 200 connects while agencies were limited to 400 connects per month. | |||
* Starting January 17, freelancers and clients can start recording Zoom meetings right in Messages | |||
* Effective January 3, the price of turning on the Availability Badge increased from 6 Connects to 7 Connects. | |||
* Effective September 19, Upwork will no longer award free connects for every interview won. | |||
* The other product updates are mainly aimed at improving user experience. | |||
== Steps checked == | == Steps checked == | ||