Deals
Ikea Buys ‘Gig Economy’ Pioneer TaskRabbit
- Startup explored sale after losing lead to more-focused rivals
- ‘Taskers’ to keep piecing together furniture in U.S. and U.K.
This article is for subscribers only.
TaskRabbit Inc., a startup that helped define the "gig economy" of the last decade, agreed to be acquired by Swedish home goods giant Ikea Group.
TaskRabbit will remain an independent entity within Ikea and its chief executive officer, Stacy Brown-Philpot, will continue to run the business. Terms of the deal weren’t disclosed.