Adevinta Hungary recorded revenue of HUF4.4 billion ($11.9 million U.S.) in FY2021, a 7.3% year-on-year increase from HUF4.1 billion in FY2020.

The company added several new capabilities to its general classified site Jofogas.hu last year, including a new chat solution for buyers and sellers, and a new home page with more content for both iOS and Android apps.

It also launched a machine learning-based “Liquidity Hints” feature on Jofogas, which analyses newly added ads on a daily basis and provides users with improvement suggestions

Jofogas is the leading Hungarian horizontal, with around 14 million monthly visitors, according to SimilarWeb.

In addition to Jofogas, Adevinta Hungary also operates automotive vertical Hasznaltauto.hu, as well as niche auto-related sites Autónavigátor.hu, Nagyhaszon.hu and Autóalkatrész.hu.

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