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Airtasker Ltd ( (AU:ART) ) has provided an update.
Airtasker Limited has announced a $10 million equity capital placement to accelerate its expansion in the US and UK markets, with significant investment from iHeartMedia, Inc. The funds will be used for targeted marketing and media partnerships to enhance Airtasker’s presence in these regions. This strategic move follows a previous partnership with iHeartMedia, which provided substantial media resources to support Airtasker’s growth in the US. The capital raise reflects strong investor confidence and is expected to further bolster Airtasker’s market position and operational capabilities in larger international markets.
The most recent analyst rating on (AU:ART) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.
More about Airtasker Ltd
Airtasker Limited (ASX:ART) is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with those who want to work. The company aims to empower individuals by providing flexible work opportunities and has facilitated over 5 million tasks globally, contributing more than $720 million to Australian Taskers. Airtasker also entered the Formula One™ arena in 2025 through a partnership with the Visa Cash App Racing Bulls Formula One™ Team.
Average Trading Volume: 225,132
Technical Sentiment Signal: Sell
Current Market Cap: A$152.4M
For an in-depth examination of ART stock, go to TipRanks’ Overview page.