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03.08.2017 14:30:00

Gig Economy Quickly Becoming Invaluable Tool for Today's Workforce Marketplace

PALM BEACH, Florida, August 3, 2017 /PRNewswire/ --

Industry professionals are estimating that over 25 percent of today's U.S. workforce is composed of freelancers workers. Indications are pointing to that the percentage could equate to over 60 million independent workers. Clearly the job market is evolving past the traditional one-job employment. Active in the market as well as keeping a close watch on Gig Economy developments today include: ShiftPixy, Inc. (NASDAQ: PIXY); Groupon, Inc. (NASDAQ: GRPN); Netflix, Inc. (NASDAQ: NFLX); GrubHub Inc. (NASDAQ: GRUB) and Amazon.com, Inc. (NASDAQ: AMZN)  

ShiftPixy, Inc. (NASDAQ: PIXY), a disruptive Gig Economy platform provider, announced that it has launched its shift worker mobile app in both the Android and iOS stores for immediate use by ShiftPixy team members in the field. The new app has been designed to bridge the gap between providers of shift-based employment and employees looking for additional, hourly opportunities. Read this and more news for ShiftPixy at: http://www.marketnewsupdates.com/news/pixy.html.

ShiftPixy's Co-founder and CEO, Scott Absher, stated, "The mobile workforce revolution is in full swing. Today's launch starts our introduction and engagement process for shift workers who are now part of the ShiftPixy ecosystem. The ShiftPixy platform empowers employers to find fully vetted, onboarded and ready workers to fill needed shifts, while employees who have the time, desire and ability can now find new work opportunities with the best employers looking for their specific skills."

Absher continued, "Our society is moving towards an on-demand lifestyle from Netflix (NASDAQ: NFLX) and Uber to GrubHub (NASDAQ: GRUB), and now ShiftPixy. Our current and growing employee base will be able to onboard themselves with ShiftPixy through the mobile app and begin to manage their personal work lives, giving them the freedom to work when they want, for how long they want, and even for whom they want - as long as the worksite employer is part of the ShiftPixy universe." Mr. Absher went on to say, "This launch automates the connection between current ShiftPixy field staff to make the onboarding process very simple and paperless. This app is now an employee's secure personal gateway to manage their employee data, engage in interactive, real-time scheduling and connect to locally available shift opportunities."

Additional Gig Economy developments:  

The most recent way to take advantage of the eat-at-home trend help launch delivery apps like 'Groupon To Go' of Groupon, Inc. (NASDAQ: GRPN). You're seeing more and more 'virtual' restaurants that swap waiters for drivers, harnessing the power of the gig economy.

In a recent article published on ChicagoBusiness.com, Groupon's hungry deal-seekers will be able to order from restaurants in Grubhub's stable of 55,000 restaurants directly from the Groupon platform. Grubhub, which has built out a large delivery component through multiple acquisitions, will provide the order and delivery services to Groupon restaurants.

The deal brings Groupon's customer base of 31.6 million to Grubhub. Groupon gets access to 55,000 restaurants and 1,100 Grubhub markets, compared with about 40 cities Groupon had from its acquisition of Baltimore-based OrderUp two years ago.

With the entry of Amazon (NASDAQ: AMZN) and Uber into food delivery, Groupon faced a expensive, uphill fight. Food is just the latest traditional business to be upended by the smartphone and the gig economy where scale is the name of the game. Read this full article at: https://www.chicagobusiness.com/article/20170731/NEWS08/170739988/groupon-teams-up-with-grubhub-for-food-delivery

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated five thousand dollars for news coverage of the current press release issued by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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