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Adevinta

Marketplace unicorns valuations soar to $5.0 trn as record levels of investment see the sector outpace the entire tech market

  Total valuation of marketplace unicorns climbed by 70% in 2020, outpacing the  listed tech sector as a whole More…

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Adevinta reports a solid start to the year, with strong financial performance in Q1

Invitation to the presentation of the Q1 2021 results

Adevinta ASA (ADE) issues update on undertakings offered to the UK Competition and Markets Authority (CMA)

Adevinta

Alexandre Collinet appointed as Integration Director

Oslo and Paris, 6 November 2020 – Adevinta ASA (ADE) (“Adevinta” or the Company”) has appointed Alexandre Collinet as Integration Director to oversee Adevinta’s integration with eBay Classifieds Group (“eCG”), following the announcement on 21 July 2020 to acquire eCG. In his new role, Alexandre will continue to be based

Adevinta

OLX Brazil completes the acquisition of 100% of Grupo ZAP

The transaction supports OLX’s mission to reinvent the Brazilian consumer model and positions OLX Brazil as a key player in the real estate market Amsterdam, Oslo and Sao Paulo, 30 October 2020 – OLX Brazil, the 50/50 joint venture between Adevinta ASA (OSE: ADE) and Prosus NV (AMS: PRX), announces

Adevinta

Adevinta Ventures invests in Bipi’s €10.5 million Series B funding round

Oslo, 28 October 2020 – Adevinta Ventures, the investment arm of Adevinta, is investing in Bipi, Spain’s fast-growing car-as-a-service startup headquartered in Madrid, Spain, in a €10.5 million Series B funding round, alongside Toyota AI Ventures, Atresmedia, and existing investors Maniv Mobility, IDC Ventures and TA Ventures. This is Adevinta

Adevinta

Adevinta reports further
recovery in Q3

  Agreement to acquire eBay Classifieds Group Improving trends confirmed EBITDA margin exceptionally high, driven by cost saving initiatives, delayed expenses and positive one-offs Significant strategic developments in the current portfolio Strengthened financial position  Oslo, 27 October 2020 – Adevinta ASA (ADE) (“Adevinta” or “the Company”) completed its third quarter

Adevinta

Adevinta continues the optimization of its portfolio by divesting Avito, Tayara, and Fincaraíz

Oslo, 8 October 2020 – Adevinta ASA has signed an agreement for the sale of its online classifieds businesses Avito in Morocco, Tayara in Tunisia and Fincaraíz in Colombia to Frontier Digital Ventures (FDV). All three sites hold leading market positions in their respective geographies.    FDV specialises in developing online

Adevinta

Adevinta signs agreement to acquire eBay Classifieds Group

Deal creates the world’s largest online classifieds group with an extensive footprint and leading marketplace brands Creation of a globally scaled, pure-play online classifieds leader with a diversified and complementary portfolio of assets and brands Combined entity to benefit from solid market positions across 20 countries, covering one billion people