FB - ANGI FVRR dip after report Facebook eyeing service-booking business

Facebook (FB -0.7%) may be ready to tap the "gig economy," with a plan to let users find and book services through the app. It's building a team to focus on services that could include home repairs, or freelance jobs, The Information reports. That would put it in more of a competitive facing against task marketplaces including TaskRabbit, Fiverr (FVRR -6.2%), and Angie's List (ANGI -4%); Fiverr and ANGI Homeservices are off on a bad foot out of the open. And it points to Facebook's increasing pivot toward diversifying its business via online commerce.

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ANGI, FVRR dip after report Facebook eyeing service-booking business