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0 -0.000550903481709973 -0.000220361392683958 0.000330542089026015 -0.00132216835610406 -0.000220361392683958 -0.00066108417805203 0.00286469810489208
Stock impact report

Frontdoor Acquires XR Start Up Streem [Forbes]

Frontdoor, Inc. (FTDR) 
Last frontdoor, inc. earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: Forbes
Frontdoor Streem, Inc Streem acquired the UK start up Salerio Streem raised over 10M from influential VC Frontdoor is one of the biggest players in the $400 billion dollar home services industry with a network of tens-of-thousands home contractors/technicians and more than 2.2m homeowners nationwide. At the end of 2018, Frontdoor became a publicly traded company whose ambition was to use technology to disrupt a business that has long resisted technology. “Streem’s going to help bring this vision to life,” said Frontdoor CEO Rex Tibbens. “They deliver a tech-enabled experience to consumers and contractors in a way that no other company has done before.” Since going public a year ago, Frontdoor’s stock has doubled in valuation. They now have a market cap of $3.8 billion dollars with more than $1.2 billion in 2018 revenue, up 9% from the previous year. Streem, was recently selected by Frost & Sullivan for their prestigious 2019 Best Practices Award. Frontdoor is the parent company of Ame Show less Read more
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