Published on 12 Apr 2024 on Insider Monkey via Yahoo Finance
20 Biggest Gig Economy Companies In The World
In this article, we will list the 20 biggest gig economy companies in the world. If you want to skip our discussion about the gig economy, go to the 7 Biggest Gig Economy Companies In The World.
The gig economy is a labor market that utilizes part-time and temporary roles. These roles are usually occupied by freelancers and independent contractors. It gives the workers freedom and independence and allows companies to save on costs. However, gig work comes at the cost of job security, paid leaves, and health insurance among other benefits of permanent employment.
A gig economy company is any entity that facilitates gig workers to secure temporary or contractual positions. However, there are gray areas that might make it difficult to identify a gig economy company. It is straightforward to identify companies such as Upwork Global Inc. (NASDAQ:UPWK), Uber Technologies, Inc. (NYSE:UBER), and Fiverr International Ltd. (NYSE:FVRR) as gig economy companies. However, it might not be easy to notice that e-commerce platforms such as Shopif, Inc. (NYSE:SHOP) also belong to the gig economy.