Adevinta

Adevinta is a Norwegian corporation that is publicly listed as the operator of the largest online classifieds portal in the world. As of April 2019, Adevinta is a member of the Schibsted publishing team.

Adevinta began its journey as a standalone international online classifieds business in 2019 and now runs digital marketplaces in 11 different nations. The company has a sustainable business strategy in the core of the secondhand economy and has reputable brands in top positions in the market.

Currently, Adevinta's products and services include classified websites and websites specializing in real estate, motivation, and employment. In addition, Adevinta specializes in providing professional data services and tools to help professional sellers and listeners boost their businesses. Some of Adevinta's most well-known brands include mobile.de and classifieds in Germany, InfoJobs in Spain, Brazil, and Italy, Jofogás in Hungary, OLX in Brazil, LeBonCoin in France, Subito in Italy, and Segundamano in Spain and Latin America.

The majority of Adevinta's classifieds revenue comes from professional clients who depend on recurring listing packages. To maintain its leadership position in the digital economy, Adevinta always invests in new products and technologies. In addition, putting people and culture at the heart of sustainable business practices helps to facilitate growth and development, and can create more positive impacts for the world.

In June 2020, Adevinta received the $9.2 billion eBay Classified Group, which includes the German websites mobile.de GmbH and eBay Kleinwerbung. In return, eBay obtained a stake in Adevinta worth 44% and rose to the position of a major shareholder with 33.3% of the voting power.

Industry: Online commerce

Founded: 2019

Headquarters: Oslo, Norway

Website: https://www.adevinta.com/