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Synopsis
IHeartMedia, a provider of media entertainment services, completed a $10m investment in Airtasker, a local services marketplace specializing in providing a variety of tasks. "Airtasker's strength in Australia shows how a fundamentally better marketplace can reshape consumer behaviour. As the company accelerates in the US, we see a clear opportunity to redefine expectations and win the category through innovation and a strong go-to-market plan," David Ellis, IHeartMedia Executive Vice President of Ventures.
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