eBay to sell classifieds business to Adevinta for $9.2bn

eBay to sell classifieds business to Adevinta for $9.2bn

US e-commerce company eBay has agreed to sell its classifieds business to Norwegian online marketplace Adevinta in a cash-cum-stock deal valued about $9.2 billion. Adevinta, which is an online classifieds specialist, currently operates across 15 countries, with a portfolio comprising 35 digital products and websites. eBay’s classifieds platforms include a collection of 12 brands across […]