Pairing fintech with online marketplaces creates outsized returns, according to new Adevinta report
European marketplaces are now worth a combined €685B Fintech-enabled marketplaces have EV/Sales of 6.7x, compared to 5.3x and 4.6x for…→ Read article
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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
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
We hereby invite you to participate at the presentation of the Schibsted Media Group Q4 2018 report on 13 February 2018.
The Board of Schibsted ASA has appointed Orla Noonan as Chair of the Interim Board of MPI. Peter Brooks-Johnson and Terje Seljeseth are appointed Interim Board members. MPI is the preliminary name of Schibsted’s international online classifieds operation, which will be spun off and established as an independent, listed company.
The Board of directors of Schibsted ASA resolved on 18 September 2018 to initiate a process to reorganize the company into two growth-oriented companies. The international online classifieds operations (preliminarily named “MPI”) will be spun off and established as an independent, listed company. Schibsted, meanwhile, will comprise all activities in
As part of its strategy to explore new marketplace models which provide an outstanding user experience, Schibsted Marketplaces is investing in the startup real estate marketplace Kodit.io. The investment gives Schibsted a small ownership stake in Kodit.io as well as a board observer seat. Kodit.io gives homeowners a stress-free way