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Adevinta ups its investment in real estate startup Kodit.io as the iBuyer expands in Spain

Adevinta has participated in a new funding round of funding for Kodit.io as part of its strategy to explore new business models that improve customer and user experience. Kodit.io, a Finnish startup in the real estate segment, uses the so-called iBuyer model. It uses AI technology to reduce the average

Solid Q1 results published today

Rolv Erik Ryssdal, CEO, and Uvashni Raman, CFO, presented a good set of financial results for the first quarter – Adevinta’s first results as a public company.

Adevinta leaves a positive footprint on the world through second-hand trading

Today Adevinta and Schibsted launched the fourth annual Second Hand Effect report, an international study on the environmental benefits of second-hand trading and the circular economy. Users of Adevinta and Schibsted marketplace sites potentially saved the planet from the production of 1.1 million tons of plastics in 2018. This is

Investment Director Florence Aretz presents at EU Startup Summit

Global marketplaces are creating more value than ever, Adevinta Investment Director Florence Aretz told leading tech entrepreneurs at the EU Startup Summit 2019 in Barcelona. The flagship event showcases a selection of Europe’s hottest startups, who come together to network and learn. “At Adevinta, we invest in the marketplaces of

Adevinta joins Barcelona Tech City to reinforce its commitment to tech development and innovation

Barcelona view

Adevinta has signed an agreement to become an official global partner of Barcelona Tech City, a private non-profit association representing more than 800 companies in the digital and technology sectors in Barcelona. The agreement with Barcelona Tech City enables Adevinta to access and share knowledge on technology development and innovation,

Adevinta welcomes new investors

Now that shareholders have received their shares, Adevinta CEO Rolv Erik Ryssdal welcomes investors – old and new – as shareholders of Adevinta. “As a pure player in international marketplaces, we offer investors a different and higher growth investment proposition with the potential to continue consolidating the market,” commented Ryssdal.

Adevinta announces successful listing on Oslo Børs

  Continued focus on strong growth of its major online brands in France, Spain, Brazil. Adevinta to build out leadership positions for its other international brands. New listing positions Adevinta to lead continued online marketplaces consolidation internationally. 10 April 2019, Oslo, Norway: Adevinta ASA, the international online marketplaces leader, announces

Adevinta on track for 10 April listing

Olso stock exchange

Adevinta is well on its way to becoming a publicly-listed company on the Oslo stock exchange. Formal listing and first day of trading is set for Wednesday 10 April on the Oslo Børs. More details can be found here.

Capital Markets Day: Adevinta and Schibsted

London – Thursday 7 March 2019 Adevinta and Schibsted held a joint Capital Markets Day in London on Thursday 7 March 2019 Presentation material: Adevinta Capital Markets Day 2019 (pdf) Schibsted Capital Markets Day 2019 (pdf) A recording of the presentation is available here: webcast link The presentations may also be

Introducing ADEVINTA, an international family of local digital marketplaces

Shareholders of Schibsted Media Group voted today to demerge Schibsted into two separate companies, spinning off its marketplaces operations outside the Nordics into a new company which plans to list on the Oslo Stock Exchange on 10 April 2019. Today, CEO Rolv Erik Ryssdal introduced the name and brand identity

Uvashni Raman Appointed Chief Financial Officer

Uvshani Raman MPI CFO

Schibsted intends to spin off its marketplaces businesses outside the Nordics into a new company, MPI, with a listing on the Oslo Stock Exchange in April. Ahead of completion of the demerger, MPI has appointed Uvashni Raman as the new Chief Financial Officer. Raman will join the company in early

Reporting day – Q4 2018

We hereby invite you to participate at the presentation of the Schibsted Media Group Q4 2018 report on 13 February 2018.