Related to Adevinta’s acquisition of eBay Classifieds Group, Schibsted acquired eBay online classifieds businesses DBA.dk and Bilbasen.dk in Denmark.
Adevinta’s acquisition will create the largest online classifieds group in the world, with market presence in 20 countries, covering one billion people with three billion visits every month.
Christian Printzell Halvorsen, EVP Nordic Marketplaces in Schibsted says, “With the acquisition of eBay Classifieds’ Danish operations, we are adding a strong online classifieds business with solid margins to our portfolio, and at the same time, we include into our family a very competent group of employees and attractive and well-known brands. We strongly believe that we can utilize the experience and knowledge of our new Danish colleagues in the rest of the Nordics and vice versa. At the same time, it increases our scale to build and roll out next-generation marketplaces across the Nordics,”
“We have looked closely at Denmark for some time, and taking over Bilbasen.dk and DBA.dk, is a unique opportunity for Schibsted to obtain access to this digitally advanced and attractive market for online classifieds,” says Schibsted CEO Kristin Skogen Lund.