30 Sep 2017 – 0:06
TaskRabbit Arch Controlling Stacy Brown-Philpot
TaskRabbit Inc., a startup that helped ascertain the “gig economy” of the aftermost decade, agreed to be acquired by Swedish home appurtenances behemothic Ikea Group.
TaskRabbit will abide an absolute article aural Ikea and its arch controlling officer, Stacy Brown-Philpot, will abide to run the business. Terms of the accord weren’t disclosed.
The San Francisco-based startup said in April it was exploring a auction afterwards accepting absorption from a abeyant bearding buyer. Founded in 2008, TaskRabbit pioneered the archetypal of abutting part-time workers with barter accommodating to pay to get jobs done through the internet and after on smartphone apps. Assembling Ikea sofas and added furniture, rides to the airport, trips to the grocery store, house-cleaning and home aliment were all accepted requests on its messaging boards in the aboriginal days.
But in the years that followed, it surrendered advantageous genitalia of its business and never focused on accurate segments, preferring to abide an advancing exchange for any affectionate of odd jobs. Companies like Uber Technologies Inc., Instacart Inc., Postmates Inc., Thumbtack Inc. and Handy Technologies Inc. entered the bazaar with added focus and several of these rivals eclipsed TaskRabbit in appraisal and popularity.
As a assemblage of Ikea, TaskRabbit workers — absolute contractors alleged Taskers — will abide to assignment in the U.S. and the U.K. and will accumulate piecing calm Dombas wardrobes, Billy bookcases and Klippan sofas for shoppers.
“With Ikea Group ownership, TaskRabbit could apprehend alike greater opportunities; accretion earning abeyant of Taskers and abutting consumers to a advanced ambit of affordable services,” Brown-Philpot said in a statement.
Brown-Philpot, a above Google executive, took over as CEO from architect Leah Busque in 2016. TaskRabbit had aloft added than $30 actor in adventure allotment from firms such as Shasta Ventures and Founders Fund. The aggregation has struggled in contempo years to become profitable. Brown-Philpot beforehand said the aggregation would be assisting by the end of 2016, again backed abroad from that forecast.
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