Freelancer marketplace Airtasker has completed a $10 million equity capital placement led by US radio and podcast giant iHeartMedia, powering the Australian company’s overseas marketing effort. The deal will help Airtasker — the Sydney-based platform connecting customers to freelance gardeners, bartenders, accountants, and beyond — compete for publicity against global rivals like Upwork and Fiverr. The… Read more »
ASX-listed jobs platform Airtasker (ASX:ART) has cut a new media-for-equity deal with 4 Ventures, the VC arm of Channel Four Television, worth £2.5 million (A$5.1m). The media inventory deal for its British subsidiary, Airtasker UK, is the third as the business hit a gross marketplace volume annualised run rate (ARR) of more than $21 million… Read more »
A week after Atlassian announced it would be lead sponsor of the Williams Racing Formula One team, ASX-listed Airtasker is slapping its name on the Visa Cash App Racing Bulls (VCARB) F1 team. It’s not that VCARB is going to be post “Wanted: someone to change 4 tyres in under 2 seconds” on the casual… Read more »
Expect to hear a lot more about Airtasker on the Kyle & Jackie O show in 2025 after the casual jobs marketplace inked a $5 million investment deal with radio company ARN Media (ASX: A1N). It’s the second such investment by a media brand in the last fortnight, with Airtasker (ASX: ART) signing a similar… Read more »
ASX-listed jobs marketplace is looking to ramp up its UK business in a deal with leading TV station Channel Four. The broadcaster’s VC arm, 4 Ventures, Britain’s leading media-for-equity investor, is tipping in $6.5m million (£3.5m) in value for a 20% stake in Airtasker UK, the company’s UK subsidiary. Channel 4, which gave the world… Read more »
ASX-listed jobs marketplace Airtasker will have its first female board leader with Cass O’Connor stepping into the chair role next month as James Spenceley departs after eight years. Spenceley, the founder of telco Vocus, is a prolific VC investor and North Sydney councillor and more recently founded humanitarian organisation Aus Ukraine Aid, was a seed… Read more »
Sydney coworking community and service provider Tank Stream Labs has opened a new CBD office for dedicated to social impact companies, with support from ASX-listed jobs marketplace Airtasker. The partnership means Tank Stream Labs can offer even more affordable office space to social impact companies making a positive impact in their communities, environment, and other… Read more »
ASX-listed jobs marketplace Airtasker is the latest tech company to swing the scythe through its workforce, cutting 45 jobs – around 20% of its overall headcount – as part of a drive to become cashflow positive in the 2024 financial year. The redundancies are primarily in non-revenue generating functions the company (ASX: ART) said, releasing… Read more »
ASX-listed gig economy marketplace Airtasker is acquiring services platform Oneflare for $9.8 million. The company (ASX:ART) will help pay for the acquisition by raising $6.25 million via an underwritten placement of approximately 14.5 million new fully paid ordinary shares at $0.43 cents. Airtasker shares have been placed in a trading halt at $0.51 cents. Oneflare… Read more »
This month Airtasker turns 10. It hasn’t been an ‘overnight success’. Rather, one that has had so many ups, downs and ‘are we going to make it?’ moments. All of which have culminated in the community we have built today. I’m writing this from a WeWork office in San Francisco – the first time I’ve… Read more »
Casual jobs marketplace Airtasker this week held its first AGM since listing six months ago and despite the disruption of 2021’s pandemic lockdowns, pent-up demand to get things done has seen use of the platform soar. Airtasker’s (ASX:ART) gross marketplace volume (GMV) – a measure of activity on the platform – crossed $200 million as… Read more »
● Revenue of $26.6M up 38% on FY20 ● GMV of $153.1M, up 35% YoY ● Underlying pro forma EBITDA of $0.0m compared with $(4m) in FY20 ● Positive operating cash flow of $5.5m, ahead of prospectus forecast of $0.1m Casual jobs marketplace Airtasker (ASX: ART) has posted a 38% jump in revenue for… Read more »
Airtasker is tapping investors for more funds, seeking an additional $20.7 million just two months after raising $83.7 million during the company’s float on the ASX. The company (ASX: ART) is also spending A$3.4 million (US$2.6m) to acquire 10-year-old US services marketplace Zaarly, which has nearly 600,000 customers and 900-plus service providers, to accelerate its… Read more »
Shares in casual jobs marketplace Airtasker have soared once again on the second day of trade since listing to close up 67% at $1.75 on Wednesday. Airtasker (ASX:ART) shares peaked at $1.94 briefly today having floated on Tuesday at an IPO price of $0.65. The gained more that 60% on the opening day of trade… Read more »
Casual jobs marketplace Airtasker made its debut on the ASX today, with the company’s shares rising 62% from their IPO price of $0.65 cents to close Tuesday at $1.05. Airtasker (ASX:ART) shares jumped nearly 80% in initial trade to be as high as $1.16, before settling around $1 in lunchtime trade. The jump was good… Read more »
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