ANGI Monthly Metrics Available on IAC’s IR Site

Rhea-AI Summary

IAC posted its monthly metrics for November 2020, highlighting performance indicators for ANGI Homeservices (NASDAQ: ANGI). The company connects consumers with over 230,000 service providers across 500 categories in North America and Europe, facilitating over 25 million projects annually. IAC maintains majority ownership of ANGI, which operates renowned brands like HomeAdvisor, Angie’s List, and Handy. This emphasizes the company's vital role in the home services market, enhancing consumer access to quality professionals.

Positive

• Over 230,000 service professionals connected via ANGI's platforms.
• Facilitated over 25 million projects annually across multiple categories.
• Majority ownership held by IAC, reinforcing financial backing.

Negative

• None.

NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) -- IAC (NASDAQ: IAC) posted monthly metrics for November, including metrics for ANGI Homeservices Inc. (NASDAQ: ANGI), on the investor relations section of IAC’s website at https://www.iac.com/investor-relations/overview/.

About ANGI Homeservices Inc.
ANGI Homeservices Inc. (NASDAQ: ANGI) turns home improvement jobs imagined into jobs well-done. People throughout North America and Europe rely on us to book quality home service pros across 500 different categories, from repairing and remodeling to cleaning and landscaping. Over 230,000 domestic service professionals actively seek consumer matches, complete jobs or advertise through ANGI Homeservices’ platforms and consumers turn to at least one of our brands to find a pro for more than 25 million projects each year. We’ve established category-transforming products through brands such as HomeAdvisor®, Angie’s List®, Handy and Fixd Repair – as well as international brands such as HomeStars, MyHammer, MyBuilder, Instapro, Travaux and Werkspot. Our marketplaces have enabled more than 150 million consumer-to-pro connections, meaningfully redefining how easily and effectively home pros are discovered and hired.  The Company is headquartered in Denver, Colorado. Learn more at www.angihomeservices.com. 

About IAC
IAC builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 10 public companies and generations of exceptional leaders. We will always evolve, but our basic principles of financially-disciplined opportunism will never change. IAC today operates Vimeo, Dotdash and Care.com, among many others, and has majority ownership of ANGI Homeservices, which includes HomeAdvisor, Angie’s List and Handy. The Company is headquartered in New York City and has business operations and satellite offices worldwide.

Contacts:

IAC/ANGI Homeservices Investor Relations
Mark Schneider
(212) 314-7400

ANGI Homeservices Corporate Communications
Mallory Micetich
(303) 963-8352

IAC Corporate Communications
Valerie Combs
(212) 314-7361

FAQ

What are the key metrics for ANGI Homeservices in November 2020?

IAC reported that ANGI Homeservices connected over 230,000 service professionals and facilitated over 25 million projects in November 2020.

How does ANGI Homeservices support consumers?

ANGI Homeservices connects consumers with qualified service professionals across 500 categories, making it easier to find and hire home service providers.

What is IAC's relationship with ANGI Homeservices?

IAC maintains majority ownership of ANGI Homeservices, providing financial support and brand recognition.

How many projects does ANGI Homeservices handle annually?

ANGI Homeservices facilitates over 25 million home improvement projects each year.