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In 2018, the American Home Shield business was spun off under Frontdoor, Inc., a new, publicly traded company on the NASDAQ (ticker symbol FTDR). American Home Shield serves over 2 million customers across 49 states and the District of Columbia. It is one of the largest home warranty providers in the United States.
It has since become one of the leading sources of user-generated reviews and ratings for businesses. Yelp grew in usage and raised several rounds of funding in the following years. By 2010, it had $30 million in revenue, and the website had published about 4.5 million crowd-sourced reviews. From 2009 to 2012, Yelp expanded throughout Europe and ...
I've started attempting to improve the article. To my surprise, one of the first things I found when searching for sources was a report in Forbes that ServiceMaster will be spinning off American Home Shield to operate independently again, starting in the third quarter of 2018. I've added that citation to a new section "Mergers and acquisitions".
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Key takeaways. A home warranty is a service contract that covers the repair or replacement of major systems and appliances due to normal wear and tear.
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