TaskUs, Inc. (NASDAQ: TASK), a provider of outsourced digital
services and next-generation customer experience to innovative and
disruptive technology companies, today celebrated its founding
anniversary and announced office expansion plans across the globe.
Over the past 13 years, TaskUs has grown exponentially, from
five employees in a one-room office in Manila to over 31,500
employees across more than 20 sites in eight different countries.
TaskUs continues its growth with six new office locations—on top of
growing its existing presence in Mexico and its global
headquarters, New Braunfels, TX.
TaskUs’s newest U.S. location in Rio Grande Valley will be a
training and meeting hub for teammates who work in Cirrus, TaskUs’s
work-from-home platform. The 9,717-square-foot space is set to open
in October 2021.
Expanding its existing footprint in India, TaskUs plans to open
two new offices in Gurugram and Mohali. The 34,000-square-foot
office in Gurugram, called “Jamboree,” is planned to open by
December 2021. The company is also building a 100,000-square-foot
office in Mohali that is expected by early 2022.
In the Philippines, TaskUs expects to launch “Atlantis,” its
permanent site in Batangas by November 2021. It is also
transferring its main office in the Philippines from Bonifacio
Global City, Taguig to an 86,000-square-foot space in Ortigas,
which is scheduled to be fully operational in 2022.
Lastly, before the end of 2021 TaskUs plans to unveil a site in
Cali, Colombia, which will be called “Arena.”
“It’s incredible to see the growth of TaskUs over the past
years, and I cannot wait to see what the next 13 years has in
store,” said Bryce Maddock, TaskUs CEO and Co-Founder. “What
started as a small company with two childhood friends has now grown
into an international organization powering high-growth and
disruptive technology companies.”
All of TaskUs’s sites across the globe reflect the company’s
modern, vibrant, and #RidiculouslyRefreshing culture. TaskUs
heavily invests in its workspaces, designed to engage and promote
happiness and foster overall well-being for teammates.
From Jamboree’s Jumanji theme, Atlantis’s underwater concept, to
Arena’s sports-inspired motif, TaskUs continues to transform the
industry by providing an exceptional experience for its employees
and clients.
TaskUs’s anniversary and office expansions come on the heels of
their recent IPO in June of this year. In addition to their
business success, TaskUs is committed to prioritizing their people
and culture. TaskUs is consistently recognized as one of the best
places to work in the world, with a recent award from the Business
Intelligence Group in March 2021.
To learn more about TaskUs, visit https://www.taskus.com or the
following social media accounts:
- Facebook: www.facebook.com/TaskUs
- LinkedIn: www.linkedin.com/company/TaskUs
- Instagram and Twitter: @TaskUs
About TaskUs
TaskUs (NASDAQ: TASK) is a provider of outsourced digital
services and next-generation customer experience to innovative and
disruptive technology companies, helping its clients represent,
protect and grow their brands. Leveraging a cloud-based
infrastructure, TaskUs serves clients in the fastest-growing
sectors, including social media, e-commerce, gaming, streaming
media, food delivery and ridesharing, HiTech, FinTech and
HealthTech. As of June 30, 2021, TaskUs had approximately 31,500
employees across twenty locations in the United States, the
Philippines, India, Mexico, Taiwan, Greece, Ireland and
Colombia.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include all statements that are not historical facts,
and further include, without limitation, statements reflecting our
current views with respect to, among other things, our operations,
our financial performance, our industry, the impact of the COVID-19
global pandemic on our business, and other non-historical
statements including the statements in the “Third Quarter and Full
Year 2021 Outlook” section of this press release. In some cases,
you can identify these forward-looking statements by the use of
words such as “outlook,” “believes,” “expects,” “potential,”
“continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,”
“intends,” “trends,” “plans,” “estimates,” “anticipates” or the
negative version of these words or other comparable words. Such
forward-looking statements are subject to various risks and
uncertainties. Accordingly, there are or will be important factors
that could cause actual outcomes or results to differ materially
from those indicated in these statements. These factors include but
are not limited to: the dependence of our business on key clients;
the risk of loss of business or non-payment from significant
clients; our failure to cost-effectively acquire new, high-growth
clients; the risk that we may provide inadequate service or cause
disruptions in our clients’ businesses or fail to comply with the
quality standards required by our clients under our agreements;
unauthorized or improper disclosure of personal or other sensitive
information, or security breaches and incidents; negative publicity
or liability or difficulty retaining and recruiting employees; our
failure to detect and deter criminal or fraudulent activities or
other misconduct by our employees; global economic and political
conditions, especially in the social media and meal delivery and
transport industries from which we generate most of our revenue;
the dependence of our business on our international operations,
particularly in the Philippines and India; our failure to comply
with applicable privacy and data security laws and regulations;
substantial increases in the costs of technology and
telecommunications services or our inability to attract and retain
the necessary technologists; our inability to adapt our services
and solutions to changes in technology and client expectations;
fluctuations against the U.S. dollar in the local currencies in the
countries in which we operate; our inability to maintain and
enhance our brand; competitive pricing pressure; our dependence on
senior management and key employees; the limited experience of our
management team in managing a public company; the ongoing COVID-19
pandemic, including the resulting global economic uncertainty and
measures taken in response to the pandemic; the control of
affiliates of The Blackstone Group Inc. and our Co-Founders over
us; and the dual class structure of our common stock. Additional
risks and uncertainties include but are not limited to those
described under “Risk Factors” in the Company’s prospectus, dated
June 10, 2021, filed with the Securities and Exchange Commission
(the “SEC”) pursuant to Rule 404(b)(4) of the Securities Act of
1933, as amended, on June 14, 2021, as such factors may be updated
from time to time in our periodic filings with the SEC, which are
accessible on the SEC’s website at www.sec.gov. These factors
should not be construed as exhaustive and should be read in
conjunction with the other cautionary statements that are included
in the registration statement. TaskUs undertakes no obligation to
publicly update or review any forward-looking statement, whether as
a result of new information, future developments or otherwise,
except as required by law.
Media Contact:
David de
CastroTaskUsdavid.decastro@taskus.com
Rohj MarianoTaskUsrohj.mariano@taskus.com
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