Adevinta ASA

Based in Oslo, Norway, and founded in 2019, Adevinta ASA operates as a digital marketplace that provides technology-based services that connect sellers and buyers. As of 2021, the firm has offices in Spain, France, Austria, Belarus, Brazil, Hungary, Ireland, Italy, Mexico, Belgium, Australia, Canada, Netherlands, Germany, and the UK, and has nearly 7,000 employees, and is led by Rolv Erik Ryssdal as its CEO. The company was initially a part of Schibsted ASA, and in 2019, Adevinta spun off from Schibsted ASA, resulting in the establishment of a separate entity comprising Schibsted’s classified media business outside the Nordics. Adevinta ASA was listed at Oslo Stock Exchange on 10 April 2019, under the ticker 'ADE'.

In June 2021, the company acquired eBay Classifieds Group (“eCG”), the classifieds arm of eBay Inc, and in July 2021, the firm entered into an investment agreement with Permira, the transaction is expected to close in Q4 2021. Adevinta’s portfolio consists 40 digital brands including leboncoin, mobile. de, eBay Kleinanzeigen, Marktplaats, Kijiji, fotocasa , InfoJobs, and 50% of OLX Brasil. The firm offers internet-based solutions that facilitate transactions from job offers to real estate, consumer goods, cars, and more.

The company also creates a network of people that works together in relation to a common purpose across disciplines and geographies. Adevinta ASA's products and services include both generalist classifieds and specialist jobs, motors, and real estate sites. The firm's platform enables renters, buyers, and job seekers to connect with a wide range of products and services listed by private and professional listers with an offering door-to-door delivery. The company also offers data and tools services to help clients boost their businesses.

The company's revenue is generated from professional clients who depend on recurring subscription-based listing packages.