Adevinta news and trends

Adevinta Signs Deal To Buy eBay’s Classifieds Division For $9.2B  
Partnerships / Acquisitions // July 21, 2020

In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 billion, the companies announced Tuesday (July 21). The combined company will solidify 20 markets containing...

Today In Payments: eBay Nearing Sale Of Classified Ad Division; Lollapalooza Co-Founder: No Concerts Until...
News // July 20, 2020

In today’s top news, eBay is near a sale of its classified ad division to Adevinta, and Lollapalooza’s co-founder said live concerts won’t be back until 2022. Plus, Mastercard is expanding its crypto card partner program. eBay Nears Deal To Sell Classified Ad Division To...

Report: eBay Nears Deal To Sell Classified Ad Division To Adevinta 
Partnerships / Acquisitions // July 20, 2020

As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old auction and “Buy It Now” website with operations in nearly three dozen countries is close...

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Adevinta Signs Deal To Buy eBay’s Classifieds Division For $9.2B  

July 21, 2020
In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 billion, the companies announced Tuesday (July 21). The combined company will solidify 20 markets containing 1 billion people and is likely to attract 3 billion […]

Report: eBay Nears Deal To Sell Classified Ad Division To Adevinta 

July 20, 2020
As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old...