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Adevinta gets people moving outdoors; invests in fast-growing online RV marketplace

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

Adevinta Q2 2019 Results

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 IGNITES at Employee Awards Event

Adevinta Ignite Event

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,

Podcast: Adevinta CEO talks sustainability, Adevinta’s prospects and the circular economy

Rolv Erik Ryssdal and Terje Seljeseth

“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 strengthens leboncoin’s market position in France by acquiring PayCar and holiday rental specialist Locasun

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 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

Leboncoin Signs Women in Tech Manifesto at VivaTech

leboncoin office

On May 16 at VivaTech Paris, leboncoin, leading French marketplace, signed a manifesto supporting the vocational retraining of women towards careers in digital, along with 35 other French companies. The manifesto aims to advance the presence of women in tech. Even though the tech and digital sector is blooming, women

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.