Angi Inc (NASDAQ:ANGI) saw its shares hike, on word the company collaborated with Walmart Inc (NYSE:WMT)
Angi's highly-rated pros will soon be available in ~4,000 Walmart stores across all 50 states and nationwide online.
This service offering includes over 150 common home projects, including flooring, painting, plumbing, electrical, TV mounting, installation, and assembly services for furniture.
Prices start at just $49 for furniture assembly and $79 for TV mounting, all backed by the Angi Happiness Guarantee, which covers projects up to their total purchase price.
Said Angi CEO Oisin Hanrahan, "Things like sprucing up an entertaining space by installing a new smart TV, painting a nursery for a family addition, and transforming an outdoor space and adding a patio are now projects that Walmart customers can get done seamlessly with the help of an Angi pro as part of the Walmart shopping experience."
Angi, said Monday’s press release, "is your home for everything home—a comprehensive solution for all your home needs. From repairs and renovations to products and financing, Angi is transforming every touch point in the customer journey.
"With over 25 years of experience and a network of more than 250,000 pros, we have helped more than 150 million people with their home needs. Angi is your partner for every part of your home care journey."
ANGI shares traded higher by 71 cents, or 9%, at $8.50, while those for Walmart were lifted 34 cents to $137.86.
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