Freelance platform sees further growth in 2025

Freelance services marketplace Raket.PH said it has reached nearly 2 million users and sees more growth in the horizon, having racked up P24.72 million in earnings of member “raketeers.”

In a statement, the company said it has over 1.9 million users to date, marking a “remarkable growth” from its initial 1-million-user milestone.

Raket.PH chief executive officer Peng Enriquez said that in 2024, they launched new features, partnered with GCash and reached many milestones.

This is “all thanks to the support of our Raketeers. Together, we’ve made freelancing and digital commerce easier and more rewarding,” Enriquez said.

“In 2025, we plan to grow our community, add more helpful tools and create bigger opportunities for everyone,” he added.

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Aside from the milestones mentioned, the company said it also saw multiple users achieving millionaire status in 2024, citing that this highlights the success stories made possible through freelancing in their platform.

This year, the company said its focus remains on innovation, community growth and expanding product and service offerings to meet the diverse needs of users nationwide.

According to a November 2024 report from the Philippine Institute for Development Studies, freelance earnings in the Philippines rose by 208 percent in 2019 to 2020.

“The massive shift to virtual work during and after the COVID-19 pandemic only boosted this upward trajectory for remote work,” the report said.

“However, Filipino workers face growing competition from countries with better internet infrastructure,” it read, highlighting the challenges faced by freelancers in the country.

The report also noted that Philippines-based online freelancers are susceptible to risk and exploitation, employment insecurity, discrimination and social isolation. INQ