$FLN - Freelancer - Pushing resistance

$FLN - Freelancer - Pushing resistance

Worth a watch. Has been having a great run and testing pushing through current resistance level. I like that they are starting to use their platform to push into and disrupt new areas such as freight. Gig economy only likely to get stronger over time as people look for ways to supplement existing incomes or work from home as cash pressure piles on.

Freelancer Limited is an Australia-based company, which is principally engaged in the provision of an online outsourcing marketplace and escrow payment services. The Company operates through two segments: online marketplace and online payment services. The Company's online payment services, which includes the business of Escrow.com, is a regulated entity that holds funds on behalf of its users in trust bank accounts. Escrow.com is a provider of secure online payments. Escrow.com offers a platform, which allows users to upload document and have their identity verified. Through its marketplace, employers can hire freelancers to do work in areas, such as software development, writing, data entry and design right through to engineering, the sciences, sales and marketing, accounting and legal services. The Company also operates Freightlancer.com, a global marketplace for freight, shipping and transportation spanning from enterprise haulage to consumer metro deliveries.