At Adevinta, we believe everything and everyone has a purpose in life. Our selection of digital brands unlock the full value in every person, place and thing by creating perfect matches on the world’s most trusted marketplaces.
With trusted brands that enjoy leading market positions, Adevinta operates a resilient business model at the centre of the second-hand economy at the time when consumers are seeking more sustainable and cost-efficient ways to buying products.
Sustainability is in our DNA, and we are recognised as a global sustainability leader by DJSI Europe. By providing marketplaces where people buy and sell second-hand goods, we contribute to the circular economy and help people live more sustainably.
At Adevinta we'll stay ahead of the curve by using innovation, curiosity and technology to develop products that help everyone and everything find new purpose.
We're all about matchmaking, and we take the same approach to hiring. But it's not just about finding the right skills for the job. It's also about making sure the role and the culture are the right match too.
We care about gaining and keeping the trust of our users, customers and stakeholders by acting responsibly, promoting sustainability and protecting the environment.
We invest in companies with tangible traction, a potential to scale beyond their domestic market, and who we can support with more than just financial resource.
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10 April 2019, Oslo, Norway: Adevinta ASA, the international online marketplaces leader, announces the successful completion of its public listing on the Oslo Stock Exchange (Oslo Børs) today.
The shares will be listed under the ticker symbols ADEA (A-shares) and ADEB (B-shares), and under ADE once the collapse of the two share classes has been completed, expected by end 2019.
The official bell-ringing ceremony to mark the opening of the Børs and the beginning of trading in Adevinta shares was officiated today by Adevinta Board Chair Orla Noonan and CEO Rolv Erik Ryssdal.“Adevinta is a high quality leader in its sector and is ideally positioned for sustained high growth and expansion,” said Noonan.“Today’s listing is an important milestone for Adevinta,” commented Ryssdal. “Our listing and pure-play status in online marketplaces enables us to pursue a more aggressive, agile expansion strategy, while keeping pace with the rapidly changing dynamics and technology of the marketplaces industry.”“I’m delighted our listing has been received so well. We’ve seen strong interest and very positive reaction from investors to our new company,” Ryssdal added. “The groundwork we have laid, and the continuing support of Schibsted as our main shareholder, provides a firm base for our ambitious growth targets.”
ABOUT ADEVINTAAdevinta helps local marketplaces thrive through global connections and networks of knowledge. The company operates digital marketplaces in 16 countries in Europe, Latin America and North Africa, with leading local brands including Leboncoin in France, InfoJobs in Spain, Subito in Italy, Willhaben in Austria, Shpock, and a 50% share of OLX Brazil, among many others. Adevinta’s leading local brands form an integral part of life for users, with an average of 1.5 billion visits to its sites every month.
Contact:Cassandra LordDirector of CommunicationsAdevintapress@adevinta.com
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