Task Rabbit

: Analysts are expecting at least one large initial public offering from the sharing-economy sector to be completed this fall, according to Market Watch. They’re hoping to essentially be ahead of the trend, Hamadeh said. Investors are using such companies as a proxy for the big guns like ride-hailing company Uber and home-sharing company Airbnb, according to Sam Hamadeh, chief executive of Priv Co, a financial data provider that specializes in private companies. The sector that encompasses Etsy ETSY, -2.79% Home Away AWAY, +0.19% Uber and on-demand labor company Task Rabbit is called the sharing economy, based on the idea that these companies share human and physical resources in some way. Demand for these companies in the private sector is increasing. But it could be better defined as on-demand companies, or companies that are trying to tap resources that are under-utilized, said Hamadeh. (news.financializer.com). As reported in the news.

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