Angi Inc.

Angi Inc.
FormerlyANGI Homeservices Inc.
Company typePublic
NasdaqANGI (Class A)
IndustryInternet Content & Information
Founded1995; 29 years ago (1995)
Founder
Headquarters,
United States
Key people
Jeff Kip (CEO)
Services
RevenueIncrease US$1.132 billion (2018)
Increase US$142.035 million (2018)
Increase US$ 77.507 million (2018)
OwnerIAC (3%)
Number of employees
4,500
Subsidiaries
Websiteir.angi.com
Footnotes / references
[1][2]

Angi Inc. (formerly ANGI Homeservices Inc.) is an internet services company formed in 2017 by the merger of Angie's List and HomeAdvisor.[3] The company has its earliest roots in American home services website Angie's List, founded in 1995 as an online directory that allows users to read and publish crowd-sourced reviews of local businesses and contractors.

For the quarter ending on June 30, 2018, ANGI reported total revenue of US$1,132,000,000 and a net income of US$77,507,000.[4] On May 1, 2017, The Wall Street Journal reported that IAC planned to buy Angie's List. By September 2017 the new publicly traded company was called ANGI Homeservices Inc.[5] Shares started trading in early October, 2017.[6]

In March 2019, Angi moved its corporate headquarters to Denver, Colorado.[1]

  1. ^ a b "ANGI Homeservices 2018 Annual Report". Retrieved August 29, 2019.
  2. ^ "ANGI Homeservices Inc. (ANGI)". Yahoo Finance. Retrieved August 29, 2019.
  3. ^ "Golden-based HomeAdvisor completes purchase of Angie's List, goes public, grows 33 percent in a day". October 2, 2017. Retrieved August 28, 2019.
  4. ^ Yahoo Finance, August 23, 201
  5. ^ Jamerson, Joshua. "IAC Plans to Buy Angie's List". The Wall Street Journal. Retrieved May 3, 2017.
  6. ^ Avery, Greg (October 2, 2017). "Colorado's HomeAdvisor and Angie's List combine into new public company". Denver Business Journal. Retrieved May 3, 2019.