In September 2018, the Board of Directors of Schibsted reported their goal to demerge its worldwide online classifieds activities into an independently recorded company. On 10 April 2019, Adevinta shares started exchanging on the Oslo Børs, following its €6 billion IPO. marketplace
In July 2020, Adevinta won the offer to get eBay’s grouped promotions business in an arrangement worth US$9.2 billion. The commercial centers included brands, for example, Gumtree and Kijiji, as a trade-off for which eBay turned into a 44% proprietor of Adevinta with a 33.3% democratic stake in the company. The arrangement is relied upon to be finished in 2021.
Adevinta puts resources into Series An and B adjusts in European beginning phase web new businesses, through its committed speculation arm Adevinta Ventures. They principally back new businesses in the car, work, schooling and property areas. Its portfolio incorporates Kodit.io (August 2018), Flatfair (September 2019), Medwing (May 2020) and BiPi (2020).
Adevinta works across two mainlands, with most of its commercial centers in Europe.
France is the domain with Adevinta’s biggest arrangement of sites, where the organization own leboncoin, A Vendre à Louer, Vide Dressing, SoLocal, Agriaffaires, LocaSun, PayCar, and l’Argus Group. Spain is its second biggest, with InfoJobs, Fotocasa, coches.net, habitaclia.com, motos.net, and milanuncios. In Hungary, Adevinta possesses Jófogás, Használtautó, and Autónavigátor. In Ireland it has a half stake in Daft.ie, DoneDeal and Adverts.ie. Distilled is their sole Irish commercial center. In Italy they own InfoJobs and Subito, and work Shpock across Austria, Germany and the U.K. just as having a half stake in Austria’s Willhaben.
Adevinta likewise works in Latin America, with InfoJobs, Storia and a half portion of OLX in Brazil, Yapo in Chile, and Segundamano in Mexico.
Behn, Hanna. “So soll sich Ebay Kleinanzeigen unter Adevinta entwickeln”. www.onlinehaendler-news.de (in German). Recovered 2020-12-31.
“Adevinta finishes more than $6 billion IPO, Norway’s biggest in 13 years”. Reuters. 2019-04-09. Recovered 2020-12-31.
Roumeliotis, Greg; Barbaglia, Pamela (2020-07-20). “Adevinta wins sale to purchase eBay’s grouped promotions unit for almost $9 billion”. Reuters. Recovered 2020-12-31.