Adevinta acquires eBay’s Classifieds business unit in $9.2B deal

Consolidation continues apace in the world of e-commerce, and today it was the turn of the classified ads market. Today, eBay announced that it had reached a deal to sell off its Classifieds business unit to Adevinta, a Norway-based classified ads publisher majority owned by Danish publisher Schibsted. The deal is valued at $9.2 billion, […]