Adevinta ASA (Adevinta), a subsidiary of Schibsted ASA, is a provider of the online and digital marketplace. It provides buying and selling solutions. The company’s digital marketplace builds connectivity among local communities through its platform. Adevinta provides online classifieds with generalists, real estate, cars, jobs and other internet marketplaces. It collaborates with different brands such as OLX, Infojobs, Fotocasa, Leboncoin, Subito, Jofogas, Largus, Tayara, Corotos, motos.net, PayCar, Gumtree, CarsGuide, Kufar, autotrader, Habitaclia, Kijiji, Locasun and others. The company caters to individuals and other businesses. It operates digital marketplaces in various countries across North America, South America, Africa, Asia Pacific and Europe. Adevinta is headquartered in Grensen, Oslo, Norway.
Headquarters
Norway
Address
Grensen 5, Oslo, 0159
Website
www.adevinta.com
Telephone
47 2 2864410
No of Employees
5,746
Industry
Technology and Communications
Ticker Symbol & Exchange
ADE (OSL)
Revenue (2023)
$2.0B
11.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
92.2%
(2023 vs 2022)
Market Cap*
$12.0B
Net Profit Margin (2023)
XYZ
93.0%
(2023 vs 2022)
* As of and is in US$
Adevinta ASA premium industry data and analytics
Products and Services
| Services |
|---|
| Service: Online and Digital Marketplace |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Regulatory Approval | In March, the company secured approval from the European Commission for the acquisition of joint control of Adevinta by Permira Holdings and Blackstone. |
| 2023 | Plans/Strategy | In November, the company announced its plans to sell its shares to Permira and Blackstone. |
| 2023 | Others | In September, the company received an acquisition proposal from Blackstone Inc. and Permira Advisers Ltd. |
Competitor Comparison
| Key Parameters | Adevinta ASA | eBay Inc | Shopify Inc | Mercari Inc | Lengow |
|---|---|---|---|---|---|
| Headquarters | Norway | United States of America | Canada | Japan | France |
| City | Oslo | San Jose | Ottawa | Minato-Ku | Nantes |
| State/Province | - | California | Ontario | Tokyo | Aquitaine |
| No. of Employees | 5,746 | 12,300 | 8,300 | 2,101 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Orla Noonan | Chairman | Executive Board | - | - |
| Antoine Jouteau | Chief Executive Officer | Senior Management | 2022 | - |
| Elisabeth Peyraube | Chief Financial Officer | Senior Management | 2023 | - |
| Ovidiu Solomonov | Senior Vice President - Global Markets | Senior Management | 2018 | - |
| Julien Jouhault | Chief Product and Technology Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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