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Latest news

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

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

Regulatory

Adevinta announces Pricing of Senior Secured Notes and Term Loan B

Oslo, 22 October 2020 – Adevinta ASA (“Adevinta”) announced today that it has priced: an offering of approximately €1,060 million aggregate principal amount of senior secured notes (the “Notes”); and a new senior secured Term Loan B facility consisting of a €900 million EUR-denominated tranche (the “EUR TLB”) and a

Invitation to the presentation of the Q3 2020 results

Oslo, 20 October 2020 – You are cordially invited to participate in the presentation of Adevinta ASA’s Q3 2020 report on Tuesday 27 October 2020. Quarterly Earnings Release Time: 27 October 2020 at 07:00 CET Report for the third quarter 2020, presentation materials, and spreadsheet with key figures and analytical information

Regulatory

Adevinta announces Information Memorandum and Preliminary Results

Oslo, October 19, 2020. In conjunction with the launch of a bond issue announced today, Adevinta ASA (“Adevinta” or the “Company”) is disclosing the Information Memorandum attached hereto and is releasing preliminary results for the three months ended September 30, 2020. The Information Memorandum presents material information regarding Adevinta’s agreement

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