Angie’s List Membership Tops Three Million; Paid Household membership continues dramatic climb
INDIANAPOLIS, January 12, 2015 – Angie’s List (NASDAQ: ANGI) today announced that the company has surpassed three million paid members, ending 2014 with 3,041,651 members subscribed to the national local services marketplace and consumer review site.
“This is a great milestone for us,” said Angie Hicks, who in 1995 co-founded the company with CEO Bill Oesterle. “To be able to triple our membership in just three years is a testament to the incredible value Angie’s List brings to improving the local service experience.”
The company continues to aggressively grow its member base, while building its e-commerce marketplace, which enables transactions between consumers and service providers.
Angie's List helps consumers find high-quality, local service providers and related products, ranging from home improvement to health care. The company passed the one million paid household mark in October 2011 and topped two million members in April 2013.
About Angie’s List
Angie's List helps facilitate happy transactions between more than three million consumers nationwide and its collection of highly rated service providers in 720 categories of service, ranging from home improvement to health care. Built on a foundation of authentic reviews of local service, Angie's List connects consumers directly to its online marketplace of services from member-reviewed providers, and offers unique tools and support designed to improve the local service experience for both consumers and service professionals.
Certain statements in this release are "forward-looking statements" made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and are subject to various risks and uncertainties that may cause actual results to differ materially from those that we expected, including: possible adverse changes in general economic conditions and their impact on member confidence and spending; possible inability to predict and respond in a timely manner to changes in member demand; possible loss of key management or inability to attract and retain the talent required for our business; possible inability to renew memberships; and possible inability to successfully implement our growth strategies or manage our growing business. For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those contained in our forward-looking statements, please refer to the filings we make with the Securities and Exchange Commission from time to time, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements.
Debra DeCourcy, APR (Media)