Upwork (UPWK) Stock Slowly Climbing as Company Keeps Growing

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Additionally, Upwork’s Help Me Hire feature is delivering significant results. The feature allows current account administrators to invite other hiring managers. Since the previous quarter, the freelancing platform gained more than 10,000 hiring manager sign-ups.

During the earnings conference call with analysts and reporters, Upwork CEO Stephane Kasriel said, “Without the need to deploy any Upwork sales or support functions, these features allow us to expand our SMB self-service clients’ engagements.”

Additionally, Kasriel noted that mobile will be part of its platform development and innovation. Early this year, Upwork relaunched its mobile iOS app for freelancers. It is also set to relaunch its Android app for freelancers. The company will also relaunch both its iOS and Android apps for clients.

“As we enter 2019, we continue to benefit from macro-level tailwinds,” said Kasriel.