by Lars Herlin | Jul 17, 2020 | Marketplaces, Financials / Deals
On the heels of its €185 million acquisition of Oikotie, Schibsted has released its report for the second quarter of 2020, which showed across the board declines in revenue. However, some areas, like its Schibsted Growth subsidiary, performed higher than analysts'...
by Lars Herlin | Jul 17, 2020 | Marketplaces, Financials / Deals
Schibsted has bought Finland-based classified site Oikotie from Sanoma. The agreement, which was published on Thursday, valued Oikotie at €185 million. The deal has an EBITDA multiple of 19.6x. This content is part of our business intelligence service. Please click...
by Lars Herlin | Jul 16, 2020 | Marketplaces, Financials / Deals
When it comes to Adevinta’s second quarter report, it’s hard not to look for signs that the company is close to buying EBay’s classified holdings. Depending on your read of the situation, the company’s Q2 reports offers either hints at an...
by Lars Herlin | Jul 13, 2020 | Marketplaces, Financials / Deals
Quikr, the India-based general marketplace, has become something of a disappointment for its investors. In its quarterly report, Kinnevik, the Swedish investment company that holds a major share in Quikr, devalued the company by SEK 317 million ($34.7 million U.S.)....
by Lars Herlin | Jul 1, 2020 | Automotive, Marketplaces
Schibsted has encountered another roadblock in its acquisition of Nettbil, a Norway-based autos marketplace. The country's competition authority is now reviewing the deal, which took place last year, and could decide to retroactively block or regulate the acquisition....
