Fiverr's core marketplace connects freelancers with buyers for services like design, writing, programming, and marketing. Revenue ~$431M with $103M FCF ($92M EBITDA). Active buyers declining from 4.2M peak to ~3.5M. Spend per buyer rising to ~$300. The market values the operating business at less...

Fiverr is developing AI-augmented service packages that combine freelancer expertise with AI tools, attempting to evolve from a pure marketplace to an AI-powered service platform.