Housing crunch, IKEA deal a boon to TaskRabbit: CEO
BNN Bloomberg
The CEO of errand outsourcing app TaskRabbit says housing prices in Canada and its relationship with IKEA have helped the company add to its bottom line.
TaskRabbitt connects users with freelance workers, known as taskers, who are available to help with tasks ranging from cleaning the house to removing a Christmas tree.
TaskRabbit CEO Ania Smith said high interest rates have forced people to look at inexpensive ways to complete minor fixes to their homes. That trend is one of the reasons why the company’s Canadian business has grown 30 per cent in the last year, she said.
“What we are seeing people do is trying to make the work that they're doing around their home (broken) up into smaller pieces, which is perfect for a platform like TaskRabbit,” she told BNN Bloomberg in a television interview on Wednesday.
