Ikea to buy TaskRabbit

Ikea buys services startup Task Rabbit

The firm is buying USA start-up firm Taskrabbit, which allows users to hire people to help them assemble furniture as well as a host of other chores like house cleaning or lawn mowing.

"In a fast-changing retail environment, we continuously strive to develop new and improved products and services to make our customers' lives a little bit easier", IKEA CEO Jesper Brodin said in a statement. TaskRabbit now operates in the United States and London (UK) and will continue to function as an independent company.

The two companies first teamed up for a pilot run in London in November 2016, but the acquisition will allow Ikea to extend TaskRabbit services to all of its stores in the U.S. and London, and eventually other countries as well.

TaskRabbit will also help Ikea expand in the digital furniture market, where it is now in tough competition with Amazon.

TaskRabbit connects consumers with skilled "Taskers" for help with everything from furniture assembly, to moving and packing, handyman and home improvement jobs.

Lakota East Alum Luke Null Joins 'Saturday Night Live'
A Cincinnati native , Null is a longtime vet of the Chicago comedy scene, formerly performing in the Newport Hounds comedy group. Still around is Kenan Thompson, who has surpassed Darrell Hammond as the longest-running cast member with fifteen seasons.

The Taskrabbit acquisition takes Ikea into the world of the "gig economy", with workers for the service all independent contractors rather than employees.

IKEA Group owns and operates 357 IKEA stores in 29 countries and operates a growing ecommerce business with over two billion visits to IKEA.com every year.

Financial terms of the deal are unknown, but TaskRabbit has previously raised $38 million from investors like Founders Fund, First Round, Floodgate and others.

TaskRabbit will retain its San Francisco headquarters and operate as a standalone company that will continue to partner with other retailers and commercial partners, said TaskRabbit spokesman Adi Raval. TaskRabbit CEO Stacy Brown-Philpot and her 60-person staff will remain with the company.

Beginning today, online shoppers who need help with handyman tasks, furniture assembly and product installation can view and compare Taskers' ratings, reviews and prices before directly hiring them.

Related News:

Most liked

Muguruza's mettle tested by Linette in Wuhan win
Puig also overcame two break points to trim the lead to 5-3, before Ostapenko wrapped up the victory with a huge service victor . The Latvian won a superb six in a row to wrap up the match and her first victory over Muguruza in three attempts.

Here's How Witnesses Described the Deadly Yosemite Rockfall
All other people who were in the area have been accounted for, and search efforts have ended. The injured victim was transported out of Yosemite to receive medical treatment.

Rob Kardashian Countersues Blac Chyna, Claims She Was The Abuser
He alleges that the showdown was a factor in the cancellation of their E! reality show, Rob & Chyna . She also destroyed Kylie's home, which is where the alleged violence took place.

Protests in Ugandan Parliament Due to Motion on Terms of Office
At least two female MPs had to be removed from the chamber after collapsing, a Reuters journalist on the scene reported. A resolution was filed weeks back to allow a debate the removal of the presidential age limit now pegged at 75.

Nokia 3310 3G With High-Speed Internet Access Announced
Juho Sarvikas, Chief Product Officer, HMD Global recently tweeted about this 3G variant of the phone via official Twitter handle. The phone is available to purchase in 4 different colors including Yellow, Warm Red, Azure, and Charcoal.

Radiohead Unveil 'Bloom' Collaboration with Hans Zimmer for BBC's 'Blue Planet II'
If that doesn't rustle something up inside you, there may be something amiss. The track is being used on " Blue Planet II ", a series on BBC.

Rihanna criticises Donald Trump's response to Puerto Rican hurricane crisis
Rather, the DHS is presently reviewing a waiver request submitted by eight members of Congress, led by Rep. Rodriguez and others organized a Hurricane Maria Puerto Rico donation drive .

Khloé Kardashian is pregnant with her first child - Here
Kardashian sent out two tweets Wednesday morning that seem to be about all the "sources" talking to news outlets about her sisters.

Student stabbed to death, 1 critically wounded at Bronx school
On Thursday, metal detectors and additional school security officers will be made available for random screenings at the school. It wasn't immediately clear what prompted the altercation.

Power on that Xbox One for Microsoft's October 2017 Games with Gold
Halloween would be the easy and obvious route, but next month's freebies for Xbox Live Gold subscribers mostly ignore that. Customizable weapons and free-roaming objectives make this a fun shooter to come back to.

More Ryanair Passengers Affected By Cancellations
Ryanair is cancelling a further 18,000 flights this year, affecting 400,000 passengers traveling between November and March. Ryanair has now emailed each of the 315,000 customers whose flights were previously cancelled over this six week period.

'It Chapter 2' officially set to release in September 2019
Last month, Muschietti told MTV News that Chapter 2 wouldn't be as amusing as its predecessor, so don't expect any New Kids on the Block jokes.

Henrikh Mkhitaryan: Man United focused on winning Champions League
Henrikh Mkhitaryan says Manchester United are among the contenders to win this season's Champions League . This season is another season and we need him to perform well again.

Delta : Now you can text during your flight for free
Well, that's perfectly legal and starting Sunday, you'll be able to do it on Delta flights worldwide. Delta passengers can message via iMessage , WhatsApp and Facebook Messenger .

Game of Thrones showunners to direct series finale as final directors announced
However, the agony of waiting will be surely worth it with the return of one of the series' best directors [VIDEO ]. While a typical installment might require a week or two, the Battle of the Bastards , for example, took 25 days.