Angi Inc. is owned by IAC.
Understanding Angi's Ownership Structure
Angi Inc., which was formerly known as ANGI Homeservices Inc., operates under the ownership of IAC (InterActiveCorp). As per available information, IAC is listed as the owner with a 3% ownership stake. This structure positions Angi Inc. as part of IAC's broader portfolio of internet brands and businesses.
Key Facts About Angi Inc.
To provide a clearer picture of Angi Inc., here are some essential details extracted from the provided information:
Detail | Information |
---|---|
Former Name | ANGI Homeservices Inc. |
Net Income (2018) | US$ 77.507 million |
Owner | IAC (3%) |
Number of Employees | 4,500 |
Subsidiaries | Angi HomeAdvisor |
Angi Inc. plays a significant role in the home services market, connecting consumers with skilled professionals for various needs. Its subsidiaries, such as Angi HomeAdvisor, contribute to its comprehensive service offerings across the United States.
- Evolution of Identity: The company's transformation from ANGI Homeservices Inc. to Angi Inc. reflects its evolving brand strategy and market presence within the home services sector.
- Service Focus: Angi Inc. continues to streamline the process of finding and hiring local service providers, covering a wide array of services from home improvement projects to routine maintenance.