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Schibsted will be divided into two companies

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

Schibsted Marketplaces invests in Kodit.io

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