Airtasker Partners with Nine Entertainment to Boost Brand Visibility
Airtasker Limited (ASX: ART) has secured a strategic partnership with Nine Entertainment (ASX: NEC), gaining AU$5.0 million in media capital. This partnership will enhance Airtasker's brand awareness in Australia by leveraging Nine's powerful media ecosystem, which includes national television channels, the 9Now streaming platform, and prominent digital and publishing brands. Airtasker’s media strategy, which has already yielded strong results, aims to increase brand salience and marketplace volume, delivering a 1.08x ROI on its investments. In HY26, Airtasker’s Australian revenue grew by 12.9% to AU$23.1 million, with marketplace GMV hitting a record AU$103.5 million. The partnership terms include a convertible note with a 4.9% coupon and a maturity date of July 2028. Airtasker’s CEO expressed excitement about the growth potential as it positions itself as the leading platform for local services in Australia
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Airtasker Partners with Nine Entertainment to Boost Brand Visibility
Airtasker Limited (ASX: ART) has secured a strategic partnership with Nine Entertainment (ASX: NEC), gaining AU$5.0 million in media capital. This partnership will enhance Airtasker's brand awareness in Australia by leveraging Nine's powerful media ecosystem, which includes national television channels, the 9Now streaming platform, and prominent digital and publishing brands. Airtasker’s media strategy, which has already yielded strong results, aims to increase brand salience and marketplace volume, delivering a 1.08x ROI on its investments. In HY26, Airtasker’s Australian revenue grew by 12.9% to AU$23.1 million, with marketplace GMV hitting a record AU$103.5 million. The partnership terms include a convertible note with a 4.9% coupon and a maturity date of July 2028. Airtasker’s CEO expressed excitement about the growth potential as it positions itself as the leading platform for local services in Australia
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au