On-demand cleaning service provider MyDidi acquires TimeMyTask, targets profitability in next 4-5 months

MyDidi, an on-demand cleaning service provider, has now announced that it has acquired its rival TimeMyTask in an all-stock deal. With this deal, the entire team of TimeMyTask will now be working for MyDidi and the company will also absorb the startup’s technology stack.

While the financial details of the transaction have not been revealed, some reports suggest that the valuation of the merged entity is around $10 million to $15 million. This also marks the first acquisition by MyDidi...

What feeling does this article give you?

#hashtags to follow:

TimeMyTask [+]   

More #news: