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EPWK Holdings Filed Terms, Nasdaq: EPWK

Operates an online freelance and crowdsourcing marketplace in China.

Industry: Technology

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Technology

Our mission is to add value to our users in both service supply and demand sides. Our marketplace platform was launched in 2011. We have achieved significant growth ever since our inception. Our platform users consist of buyers who seek talents for their jobs and sellers who offer different talents and skills. We currently have over 23 million registered users and offer an expansive catalog to provide diversified services to businesses of all sizes. Our average annual active users, or AAU, is 10.13 million. Our daily inquiries well exceed 10,000 from logo design to business name selection to software development. Our GMV increased by 33.5% from US$ 254 million (RMB 1.755 billion) in 2020 to US$ 340 million (RMB 2.19 billion) in 2021. Our buyers include micro, small, and medium sized businesses from various industries. The sizes of the buyers range from one-man shops to companies with US$ 23 million (RMB 150 million) revenue. As of December 31, 2021, our service covers more than 2,800 cities and counties and counties with approximately 7.67 million active buyers. Our sellers consist of student artists, professional designers, part-time freelancers, and micro, small, and medium sized businesses with different talents, skills, and services to offer. As of December 31, 2021, we had 15.53 million sellers on our platform.
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IPO Data
IPO File Date 02/09/2023
Offer Price
Price Range $4.00 - $6.00
Offer Shares (mm) 2.8
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $6.00
Offer Shares (mm) 2.8
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cathay Securities
Revere Securities
Company Data
Headquarters Xiamen, China
Founded 2011
Employees at IPO 291
Website www.epwk.com

EPWK Holdings (EPWK) Performance