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Vostok values Avito at $4.5 billion

After changing its valuation model, Vostok New Ventures says the value of Avito is up $ 1.1 billion since 2016. The Russian classifieds business is now valued at $4.5 billion, according to Vostok's Q4 report.  This content is part of our business intelligence service....

Hemnet gets brand new management team

General Atlantic and Merro, the new owners of Hemnet.se, Sweden’s leading real estate vertical, gave the platform an entirely new management team. Cecilia Beck-Friis was appointed as CEO of Hemnet early in September and started in her new position on October 1....

Agents offered chance to buy up to 18% of Hemnet

About 30 of the biggest real estate brokerages in Sweden have been given the chance to buy shares in Hemnet at the same price as General Atlantic (GA), and the investor group Merro Partners (Henrik Persson, Pierre Siri, Vostok New Ventures, among others) bought Hemnet...