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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Oslo, 5 November 2021 - Adevinta ASA (ADE) (“Adevinta” or “the Company”) disclosed today historical segment information. This information is available in the document attached to this press release.
The purpose of this document is to provide a track record of consolidated quarterly segment information for the fiscal years ended 31 December 2019 and 2020, and the period ended 30 June 2021, for the group (the “Group”) resulting from the acquisition of eBay Classifieds Group by Adevinta on 25 June 2021. The information disclosed reflects the results of the Group, as if it had existed during the periods presented. It does not include the contribution of joint ventures that are not 100% consolidated (namely OLX Brasil and Willhaben).
As of Q3 2021, Adevinta will implement changes in the financial reporting structure. The segment disclosed here represents the revised reporting structure of the Group and, therefore, the segments that will be presented in the consolidated annual financial statements for the year ended 31 December 2021.
Adevinta has identified France, Mobile.de, European Markets, International Markets and Headquarters and Others as operating segments, based on the internal reporting structure. This reflects how the operating results will be reviewed and managed, and how performance will be assessed by Group Management going forward, following the acquisition of eCG.
IR contactMarie de ScobiacHead of Investor Relationsir@adevinta.com
Anne-Sophie JugeanInvestor Relations Manager+33 6 74 19 22 firstname.lastname@example.orgAbout Adevinta
Adevinta is a global online classifieds specialist, operating digital marketplaces in 16 countries. The company provides technology-based services to connect buyers with sellers and to facilitate transactions, from job offers to real estate, cars, consumer goods and more. Adevinta's portfolio spans more than 40 digital brands, covering one billion people and attracting approximately three billion average monthly visits. Leading brands include top-ranked leboncoin in France, Germany's leading classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the Netherlands, Kijiji in Canada, fotocasa and InfoJobs in Spain, and 50% of fast-growing OLX Brasil. Adevinta spun off from Schibsted ASA and publicly listed in Oslo, Norway in 2019. Adevinta employs almost 7,000 people committed to supporting users and customers daily. Find out more at Adevinta.com.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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