Freelance job platform Malt acquires industry peer Comatch. In doing so, Malt comes one step closer to achieving a 1 billion euro turnover by 2025.
Malt’s platform allows freelancers to advertise and sell services to organizations. The community boasts roughly 340,000 freelancers. Organizations can find and hire freelancers directly through the platform.
The acquisition of Comatch provides Malt with an external community of freelancers. Comatch developers a platform similar to Malt. Acquiring industry peers is central to its strategy, which aims for a 1 billion euro turnover by 2025.
Malt expects the freelance market to grow significantly. The organization forecasts a potential turnover of 51 billion euros in the Benelux alone.