Urban Company’s InstaHelp Losses Widen Amid Intensifying On-Demand Service Competition
Urban Company, a dominant force in the home services market, is reporting significantly widened financial losses for its InstaHelp division as of the current fiscal quarter. The company has aggressively increased its capital expenditure to defend its market share against emerging rivals Pronto and Snabbit, which are challenging its grip on the instant-service segment. Context…
