Global total revenues rise 15% to €180 million Core vertical marketplaces revenues climb 16% EBITDA up 38% to €54 million Cash flow up 71% to €37 million
Adevinta announces that Giuseppe Pasceri will succeed Melany Libraro as the new General Manager for Adevinta in Italy, overseeing Subito and InfoJobs. Giuseppe joined Adevinta in Italy in 2018 from the Italian Government Digital Team, bringing extensive experience in digital transformation and user-centered businesses. He most recently served as Chief
The acquisition enables leboncoin Group to create the most extensive offer in France’s online second-hand car market. Adevinta announces that leboncoin Group, France’s number one peer-to-peer website and leading online marketplace for cars, property and jobs, has today finalised the acquisition of Argus Group. Argus Group is one of France’s
The Board of Directors of Adevinta ASA has resolved to propose a combination of the Company’s two share classes into one class of ordinary shares. This is in line with the Board of Directors’ intention as communicated in connection with the initial public offering and listing of the Company in
Adevinta announces it has reached an agreement to acquire the Argus Group, the leading player in digital marketing services to the automotive industry in France, to further strengthen leboncoin Group, France’s number one peer-to-peer website and leading online marketplace for cars, property and jobs. The transaction is expected to close
Adevinta, through its Adevinta Ventures team is investing in Flatfair, a “deposit-free” renting platform, in a US$11m Series A funding round, led by Index Ventures and with participation from other investors. Founded in 2016 and based in London, Flatfair facilitates rentals by removing the need for tenants to give landlords
Adevinta, through its Adevinta Ventures team, has led a €7 million series A financing round for PaulCamper, a Berlin-based sharing platform for renting and lending RVs (recreational vehicles). RV owners can rent out their motorhomes, trailers and campervans on PaulCamper to outdoor enthusiasts. The ventures team worked together with co-investors
Operating revenues rise 13% to €185 million Core vertical marketplaces revenues climb 16% EBITDA up 20% to €50 million EBITDA margins up from 25% to 27% Cash flow up 13% to €20 million
Adevinta employees from 12 countries gathered in Sitges, Spain, this week to celebrate Adevinta’s first employee recognition and awards event. The theme of the event was Ignite. “An ignition is a change, a starting point for something new, and that is very appropriate for the moment where we are today,
“We always knew that second-hand trade is good for society…. This is becoming increasingly important both for employees and attracting talent, but also for customers,” said Rolv Erik Ryssdal, CEO of Adevinta on the latest episode of the Tinius Talks podcast. Ryssdal, and Terje Seljeseth, a member of the Adevinta
Adevinta announces the acquisition of two online businesses in France, Locasun and PayCar, to strengthen and deepen verticals penetration in key growth segments for leboncoin, the number one peer-to-peer website in France and leading online marketplace for cars, real estate and jobs. Locasun, the holiday rental and travel specialist in
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
