With the sharing economy expanding, TaskRabbit, which focuses on connecting freelancers to available chores, has rolled out a new on-demand service that will allow users to complete tasks within 90 minutes.
The San Francisco-based start-up's new iOs app launched Tuesday. It will enable consumers to book and confirm a task within five minutes, with most chores completed in 90 minutes. Tasks can range from home cleaning to moving help.
"When I founded the company in 2008, on-demand was not something that anyone even talked about," said TaskRabbit CEO Leah Busque. "We've seen the trend of mobile technology really push the trend of consumer expectation to be in real time."
In an interview with CNBC, Busque also said her start-up will become profitable this year.