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eBay Classifieds Group

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uuid000cafb

Namestring
eBay Classifieds Group
Legal namestring
eBay Classifieds Group
Company typeenum
Private
Founded yearint
2005
Descriptiontext

eBay Classifieds Group (eCG) was acquired by Adevinta ASA in Q2 2021 for US$9.2 billion, completing the formation of the world's largest online classifieds player in the western world. As part of Adevinta, eCG's former assets now operate under a decentralized, multi-local marketplace model spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals across 12 countries in Europe and Latin America, fronted by iconic local brands such as leboncoin, mobile.de, Marktplaats, Kijiji, and OLX. The unified platform reaches approximately 120 million monthly active users and 2.5 billion monthly visits, serving both individual consumers trading second-hand goods and over one million businesses — primarily automotive dealers and real estate professionals — through subscription and listing services.

The underlying technology stack combines AI-driven personalization and pricing tools with integrated payment and shipping capabilities, executing a deliberate strategic shift from listing-only classifieds toward full-stack transactional recommerce. AI components tailor content and recommendations across the 120-million-user base and help listers price items accurately, while transaction services target 100% coverage of general goods categories by 2025. Distribution is digital-first, with over 90% of user interactions occurring on self-serve platforms, supplemented by specialized direct sales teams serving automotive and real estate professionals.

Revenue is generated through three primary streams: B2B professional subscriptions (~65% of turnover, including the Pro-Partner 360 tier), C2C transactional fees (~20%, with a targeted 15% C2C volume CAGR through 2027), and display advertising (~15%). Following Blackstone's and Permira's €14 billion take-private of Adevinta in late 2024, eCG's portfolio now operates under private ownership with a €150 million-plus cost synergy program and a 40–45% management EBITDA margin target by 2026, positioning the combined entity to reinvest in product expansion, AI depth, and circular-commerce branding initiatives such as 'The Great Rehome.'

Short descriptiontext

eBay Classifieds Group, acquired by Adevinta in 2021 for $9.2B, now operates as part of a multi-local online classifieds portfolio spanning consumer goods, mobility, real estate, holiday rentals, and jobs across 12 countries, serving 120 million monthly active users and over one million businesses.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSan Francisco, United States
HQ citystring
San Francisco
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
online classifieds platforms, consumer marketplaces, automotive classifieds, real estate listings, recommerce marketplaces
Industry3 codes
1Auction-based Generalist Marketplaces
CodeCRAFAAACPrimaryYes
2Home, Furniture & Appliances C2C
CodeCRAFAKADPrimaryNo
3Cross-border Marketplaces (Multi-seller)
CodeCRAFAJAAPrimaryNo
NAICS code3 codes
  • Used Merchandise Retailers459510
  • General Merchandise Retailers455
  • Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers459
SIC code1 code
  • Retail-Catalog & Mail-Order Houses5961
Product category
Online Classifieds Marketplaces
Social media profiles1 record
Revenue model3 records
1B2B Subscriptions
TypeSubscription Recurring
Description

Professional subscription tiers for automotive dealers, real estate agents, and other business users, providing premium listing placements, analytics, and enhanced visibility features. Constitutes approximately 65% of company turnover.

businessmodelcanvastemplate.com
2C2C Transactional Fees
TypeTransaction Fee
Description

Transaction-based fees charged to consumer-to-consumer sellers on the marketplace platforms. Constitutes approximately 20% of turnover, with the company targeting 15% C2C volume CAGR growth through 2027.

businessmodelcanvastemplate.com
3Display Advertising
TypeAdvertising
Description

Digital advertising placements on marketplace platforms serving both B2B and brand advertisers. Constitutes approximately 15% of turnover.

businessmodelcanvastemplate.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

eBay Classifieds Group operates online classifieds marketplace platforms spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals. The portfolio, now part of Adevinta following a US$9.2 billion acquisition in Q2 2021, includes iconic local brands such as leboncoin, mobile.de, Marktplaats, Kijiji, and OLX serving 120 million monthly active users across 12 countries in Europe and Latin America. The platforms connect individual consumers and professional sellers through AI-driven personalization, integrated payment, and shipping capabilities.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 30 million new listings generated in a single quarter from 'The Great Rehome' campaign
+3 more records
Product overview1 text field

eBay Classifieds Group was acquired by Adevinta in Q2 2021 for US$9.2 billion, creating the world's largest online classifieds player. The portfolio operated as part of Adevinta's multi-local marketplace model spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals across European and Latin American markets. Following Adevinta's €14 billion privatization in late 2024 led by Blackstone and Permira, the combined entity transitioned to private ownership with a strategic focus on shifting from classified listings toward full transactional recommerce services.

Product and service7 records
1Leboncoin
CategoryConsumer classifieds marketplace
Description

Leading French online classifieds marketplace for consumer goods, real estate, vehicles, and job listings, serving one of the largest markets in the Adevinta portfolio.

2mobile.de
CategoryAutomotive marketplace
Description

German online vehicle marketplace serving automotive dealers and individual car buyers/sellers with premium subscription tiers.

3Marktplaats
CategoryConsumer classifieds marketplace
Description

Dutch online classifieds platform for second-hand goods, vehicles, and services across the Netherlands.

4Kijiji
CategoryConsumer classifieds marketplace
Description

Online classifieds platform operating in multiple countries for local listings of goods, services, and jobs.

5OLX
CategoryConsumer classifieds marketplace
Description

Online classifieds marketplace operating across multiple emerging markets in Latin America and other regions.

6Kleinanzeigen
CategoryConsumer classifieds marketplace
Description

German online classifieds platform for second-hand goods and local services, originally part of eBay Classifieds Group.

7Subito
CategoryConsumer classifieds marketplace
Description

Italian online classifieds marketplace for jobs, real estate, vehicles, and consumer goods.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2021-01-01
Description

Deloitte supported Adevinta's integration of eBay Classifieds Group post-acquisition across multiple functions including HR, Finance, Procurement, and Technology. Six months post-close, Adevinta reported being ahead of synergy targets with Deloitte's support.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Japan-headquartered C2C mobile marketplace with US operations (Mercari), offering a similar horizontal second-hand goods platform. Comparable in mobile-first consumer UX and C2C transactional model, though smaller and geographically concentrated.

TypeDirect peer
Description

Russia's leading horizontal classifieds platform, operating across goods, real estate, jobs, and auto verticals. Closely comparable in business model and vertical breadth, though geographically limited and subject to sanctions-related disruption.

TypeDirect peer
Description

US-focused mobile C2C marketplace with local meetup and shipping options, offering a similar horizontal second-hand goods model. Comparable in mobile-first approach and target use cases, though concentrated in North America.

TypeDirect peer
Description

European C2C recommerce marketplace focused on fashion, with a similar full-stack transactional model including integrated shipping and buyer protection. A direct competitor in the second-hand goods vertical and a benchmark for the recommerce transition that Adevinta is pursuing.

TypeEmerging player
Description

UK-leading vertical real estate portal with subscription model for estate agents, comparable to eCG's real estate professional segment. Represents the vertical-specialization threat in real estate and a benchmark for B2B subscription monetization in property verticals.

TypeBroad incumbent
Description

Meta's horizontal C2C marketplace embedded in the world's largest social network. Competes directly for local second-hand goods listings and transactions, leveraging social graph distribution that eCG/Adevinta cannot match, though with weaker vertical depth in automotive and real estate.

TypeBroad incumbent
Description

The former parent of eBay Classifieds Group and a major C2C and B2C marketplace operator globally. Overlaps in second-hand goods and collectibles categories, but operates a more transactional inventory-led model rather than the classifieds/hybrid approach of eCG.

8OLX
TypeDirect peer
Description

Originally a separate classifieds player, OLX was merged into Adevinta's portfolio via the eCG acquisition. Continues to operate as a leading horizontal C2C marketplace in Latin America, Eastern Europe, and other emerging markets under Adevinta's ownership and provides direct comparability for emerging market classifieds dynamics.

TypeDirect peer
Description

The original and still-largest pure classifieds platform in the US, operating a similar horizontal C2C marketplace model across jobs, housing, goods, and services. Directly comparable in business model (free/cheap listings with minimal monetization) though much less developed internationally.

TypeEmerging player
Description

European vertical specialist in online automotive marketplaces, directly competing with eCG's mobile.de and auto verticals. Comparable as a destination for automotive classifieds and dealer subscriptions, representing the vertical-specialist competitive threat to Adevinta's horizontal play.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

eBay Classifieds Group

Online Classifieds Marketplacesebayclassifiedsgroup.com

eBay Classifieds Group, acquired by Adevinta in 2021 for $9.2B, now operates as part of a multi-local online classifieds portfolio spanning consumer goods, mobility, real estate, holiday rentals, and jobs across 12 countries, serving 120 million monthly active users and over one million businesses.

What eBay Classifieds Group does

eBay Classifieds Group (eCG) was acquired by Adevinta ASA in Q2 2021 for US$9.2 billion, completing the formation of the world's largest online classifieds player in the western world. As part of Adevinta, eCG's former assets now operate under a decentralized, multi-local marketplace model spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals across 12 countries in Europe and Latin America, fronted by iconic local brands such as leboncoin, mobile.de, Marktplaats, Kijiji, and OLX. The unified platform reaches approximately 120 million monthly active users and 2.5 billion monthly visits, serving both individual consumers trading second-hand goods and over one million businesses — primarily automotive dealers and real estate professionals — through subscription and listing services.

The underlying technology stack combines AI-driven personalization and pricing tools with integrated payment and shipping capabilities, executing a deliberate strategic shift from listing-only classifieds toward full-stack transactional recommerce. AI components tailor content and recommendations across the 120-million-user base and help listers price items accurately, while transaction services target 100% coverage of general goods categories by 2025. Distribution is digital-first, with over 90% of user interactions occurring on self-serve platforms, supplemented by specialized direct sales teams serving automotive and real estate professionals.

Revenue is generated through three primary streams: B2B professional subscriptions (~65% of turnover, including the Pro-Partner 360 tier), C2C transactional fees (~20%, with a targeted 15% C2C volume CAGR through 2027), and display advertising (~15%). Following Blackstone's and Permira's €14 billion take-private of Adevinta in late 2024, eCG's portfolio now operates under private ownership with a €150 million-plus cost synergy program and a 40–45% management EBITDA margin target by 2026, positioning the combined entity to reinvest in product expansion, AI depth, and circular-commerce branding initiatives such as 'The Great Rehome.'

eBay Classifieds Group firmographics

Firmographics
Name
eBay Classifieds Group
Legal name
eBay Classifieds Group
Website
https://ebayclassifiedsgroup.com
Company type
Private
Founded year
2005
Operating status
Acquired
Headcount range
1,001–5,000 employees
Short description
eBay Classifieds Group, acquired by Adevinta in 2021 for $9.2B, now operates as part of a multi-local online classifieds portfolio spanning consumer goods, mobility, real estate, holiday rentals, and jobs across 12 countries, serving 120 million monthly active users and over one million businesses.
Ownership category
akta.pro rank

eBay Classifieds Group industry classification

Industry
Product category
Online Classifieds Marketplaces
NAICS
Used Merchandise Retailers (459510), General Merchandise Retailers (455), Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers (459)
SIC
Retail-Catalog & Mail-Order Houses (5961)
akta.pro primary industry
Auction-based Generalist Marketplaces (CRAFAAAC)
akta.pro secondary industries
Home, Furniture & Appliances C2C (CRAFAKAD), Cross-border Marketplaces (Multi-seller) (CRAFAJAA)

Keywords

  • Online classifieds platforms
  • Consumer marketplaces
  • Automotive classifieds
  • Real estate listings
  • Recommerce marketplaces

Where eBay Classifieds Group is headquartered

Location

Headquarters

HQ city
San Francisco
HQ country
United States
HQ region
North America

Offices1 record

Markets served

eBay Classifieds Group business model

Business model
GTM type
B2B and B2C
Offering type
Digital Commerce or Content
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. B2B Subscriptions: Professional subscription tiers for automotive dealers, real estate agents, and other business users, providing premium listing placements, analytics, and enhanced visibility features. Constitutes approximately 65% of company turnover.
  2. C2C Transactional Fees: Transaction-based fees charged to consumer-to-consumer sellers on the marketplace platforms. Constitutes approximately 20% of turnover, with the company targeting 15% C2C volume CAGR growth through 2027.
  3. Display Advertising: Digital advertising placements on marketplace platforms serving both B2B and brand advertisers. Constitutes approximately 15% of turnover.

Distribution channels2 records

Marketing channels5 records

eBay Classifieds Group product offering

Product offering

Core offering

eBay Classifieds Group operates online classifieds marketplace platforms spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals. The portfolio, now part of Adevinta following a US$9.2 billion acquisition in Q2 2021, includes iconic local brands such as leboncoin, mobile.de, Marktplaats, Kijiji, and OLX serving 120 million monthly active users across 12 countries in Europe and Latin America. The platforms connect individual consumers and professional sellers through AI-driven personalization, integrated payment, and shipping capabilities.

Product overview

eBay Classifieds Group was acquired by Adevinta in Q2 2021 for US$9.2 billion, creating the world's largest online classifieds player. The portfolio operated as part of Adevinta's multi-local marketplace model spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals across European and Latin American markets. Following Adevinta's €14 billion privatization in late 2024 led by Blackstone and Permira, the combined entity transitioned to private ownership with a strategic focus on shifting from classified listings toward full transactional recommerce services.

Differentiator

Problem solved

Functional benefit

Products and services

  • Leboncoin Leading French online classifieds marketplace for consumer goods, real estate, vehicles, and job listings, serving one of the largest markets in the Adevinta portfolio.
  • mobile.de German online vehicle marketplace serving automotive dealers and individual car buyers/sellers with premium subscription tiers.
  • Marktplaats Dutch online classifieds platform for second-hand goods, vehicles, and services across the Netherlands.
  • Kijiji Online classifieds platform operating in multiple countries for local listings of goods, services, and jobs.
  • OLX Online classifieds marketplace operating across multiple emerging markets in Latin America and other regions.
  • Kleinanzeigen German online classifieds platform for second-hand goods and local services, originally part of eBay Classifieds Group.
  • Subito Italian online classifieds marketplace for jobs, real estate, vehicles, and consumer goods.

Quantifiable outcome

  • 30 million new listings generated in a single quarter from 'The Great Rehome' campaign
  • +3 more outcomes

Companies that use eBay Classifieds Group

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles3 records

eBay Classifieds Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

eBay Classifieds Group partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • DeloittecoreImplementation/ SI/ Consulting Partner · 1 January 2021Deloitte supported Adevinta's integration of eBay Classifieds Group post-acquisition across multiple functions including HR, Finance, Procurement, and Technology. Six months post-close, Adevinta reported being ahead of synergy targets with Deloitte's support.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

eBay Classifieds Group competitors and assessment

Company assessment

Direct peers

  • Mercari: Japan-headquartered C2C mobile marketplace with US operations (Mercari), offering a similar horizontal second-hand goods platform. Comparable in mobile-first consumer UX and C2C transactional model, though smaller and geographically concentrated.
  • Avito: Russia's leading horizontal classifieds platform, operating across goods, real estate, jobs, and auto verticals. Closely comparable in business model and vertical breadth, though geographically limited and subject to sanctions-related disruption.
  • OfferUp: US-focused mobile C2C marketplace with local meetup and shipping options, offering a similar horizontal second-hand goods model. Comparable in mobile-first approach and target use cases, though concentrated in North America.
  • Vinted: European C2C recommerce marketplace focused on fashion, with a similar full-stack transactional model including integrated shipping and buyer protection. A direct competitor in the second-hand goods vertical and a benchmark for the recommerce transition that Adevinta is pursuing.
  • OLX: Originally a separate classifieds player, OLX was merged into Adevinta's portfolio via the eCG acquisition. Continues to operate as a leading horizontal C2C marketplace in Latin America, Eastern Europe, and other emerging markets under Adevinta's ownership and provides direct comparability for emerging market classifieds dynamics.
  • Craigslist: The original and still-largest pure classifieds platform in the US, operating a similar horizontal C2C marketplace model across jobs, housing, goods, and services. Directly comparable in business model (free/cheap listings with minimal monetization) though much less developed internationally.

Emerging players

  • Rightmove: UK-leading vertical real estate portal with subscription model for estate agents, comparable to eCG's real estate professional segment. Represents the vertical-specialization threat in real estate and a benchmark for B2B subscription monetization in property verticals.
  • AutoScout24: European vertical specialist in online automotive marketplaces, directly competing with eCG's mobile.de and auto verticals. Comparable as a destination for automotive classifieds and dealer subscriptions, representing the vertical-specialist competitive threat to Adevinta's horizontal play.

Broad incumbents

  • Facebook Marketplace: Meta's horizontal C2C marketplace embedded in the world's largest social network. Competes directly for local second-hand goods listings and transactions, leveraging social graph distribution that eCG/Adevinta cannot match, though with weaker vertical depth in automotive and real estate.
  • eBay: The former parent of eBay Classifieds Group and a major C2C and B2C marketplace operator globally. Overlaps in second-hand goods and collectibles categories, but operates a more transactional inventory-led model rather than the classifieds/hybrid approach of eCG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

eBay Classifieds Group social profiles

Digital presence

eBay Classifieds Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

eBay Classifieds Group leadership team

Management profile

Number of profiles

eBay Classifieds Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

eBay Classifieds Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about eBay Classifieds Group

What does eBay Classifieds Group do?

eBay Classifieds Group operates online classifieds marketplace platforms spanning consumer goods, mobility, real estate, holiday rentals, and jobs verticals. The portfolio, now part of Adevinta following a US$9.2 billion acquisition in Q2 2021, includes iconic local brands such as leboncoin, mobile.de, Marktplaats, Kijiji, and OLX serving 120 million monthly active users across 12 countries in Europe and Latin America. The platforms connect individual consumers and professional sellers through AI-driven personalization, integrated payment, and shipping capabilities.

Is eBay Classifieds Group a public or private company?

eBay Classifieds Group is a private company. It is classified as private equity controlled and is currently acquired.

When was eBay Classifieds Group founded?

eBay Classifieds Group was founded in 2005. It employs 1,001 to 5,000 people.

Where is eBay Classifieds Group based?

eBay Classifieds Group is headquartered in San Francisco, United States, in the North America region.

How does eBay Classifieds Group make money?

Three revenue lines are on record. B2B Subscriptions are the primary driver. The others are C2C Transactional Fees and display Advertising.

Who are eBay Classifieds Group's main competitors?

Direct peers on record are Mercari, Avito, OfferUp, Vinted, OLX and Craigslist. Emerging players are Rightmove and AutoScout24. Broad incumbents are Facebook Marketplace and eBay.

Does eBay Classifieds Group have an API?

No public API is recorded for eBay Classifieds Group.

What industry is eBay Classifieds Group in?

eBay Classifieds Group's product category is Online Classifieds Marketplaces. Its primary akta.pro industry code is CRAFAAAC, Auction-based Generalist Marketplaces, with a secondary code of CRAFAKAD, Home, Furniture & Appliances C2C. Its NAICS code is 459510 and its SIC code is 5961.

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Live signals
EIN PresswireOnline Classified Market to Reach USD 741.47 Billion by 2032 | Top Strategies for Effective Online ClassifiedsThe online classified market is projected to grow from USD 126.00 billion in 2024 to USD 741.47 billion by 2032, driven by increased internet penetration, digital transformation, AI integration, and rising demand for secondhand goods and services. Major companies such as Craigslist, OLX Group, Facebook Marketplace, eBay Classifieds, and regional giants like Quikr, Avito, and 58.com are actively innovating through AI-driven features, security enhancements, and expanded services.EIN PresswireOnline Classified Ad Platform Market to Hit $60.0 Billion By 2032, Online Classified Ads Empowering US ConsumersWise Guy Reports published market research showing the online classified ad platform market was valued at USD 41.31 billion in 2023 and is projected to grow to USD 60.0 billion by 2032, reflecting a compound annual growth rate of approximately 4.23% during the forecast period from 2025 to 2032. The report identifies key players including Craigslist, eBay Classifieds, OLX Group, Gumtree, and Facebook Marketplace, and notes that North America and Europe currently dominate the market while Asia-Pacific is expected to witness the highest growth. Key challenges identified include fraud concerns, competition from social media platforms, and regulatory hurdles, while opportunities lie in emerging economies, e-commerce integration, and AI-powered features.GlobeNewswireAdevinta wins “Technology Deal of the Year” at TMT M&A Awards 2021Adevinta's $9.2bn acquisition of eBay Classifieds Group won the "Technology Deal of the Year - Europe" at the TMT M&A Awards 2021. The deal, completed in June 2021, created the largest online classifieds player in the western world. Adevinta is now focused on integrating the businesses and executing its "Growing at Scale" strategy.Mexico Business NewsSecond-Hand Trade Is Great for the EnvironmentAdevinta and Schibsted published the Second Hand Effect 2020 Report, finding that their 10 digital marketplaces save approximately 20.7 million tons of CO2 emissions annually by facilitating second-hand trade, alongside significant savings in plastic, steel, and aluminum. The report highlights Segundamano Mexico's specific environmental contributions for 2020, including savings of over 50,000 tons of CO2 and 3,126 tons of plastic. Adevinta also announced its acquisition of eBay Classifieds Group, positioning the combined entity as the world's leading online classifieds platform operating in 16 countries covering 1 billion people.AdevintaNew Board, post acquisition of eBay Classifieds GroupAdevinta ASA announced a new Board of Directors on June 30, 2021, following the completion of its acquisition of eBay Classifieds Group. The acquisition positions Adevinta as a globally scaled online classifieds leader and European tech champion, with the new Board bringing international business expertise from diverse sectors including media, technology, and online marketplaces.GlobeNewswireAdevinta announces the composition of its new Board, following the successful acquisition of eBay Classifieds GroupAdevinta announced its new Board of Directors on 30 June 2021, following the acquisition of eBay Classifieds Group and the AGM. The board includes Orla Noonan as chair and members from Indra, BNP Paribas, Rightmove, Henkel, and eBay. The group now operates a globally scaled online classifieds leader.AdevintaAdevinta ASA (ADE) – Adevinta completes acquisition of eBay Classifieds Group, creating the world’s leading online classifieds groupAdevinta ASA completed its acquisition of eBay Classifieds Group on June 25, 2021, creating a globally scaled pure-play online classifieds leader with number-one market positions in 16 countries covering a population of one billion people and approximately three billion monthly visits. The transaction involved USD 2.5 billion in cash consideration to eBay, with eBay receiving approximately 44% of Adevinta's total outstanding share capital as part of the deal, which was first announced in July 2020. Adevinta expects run-rate cost synergies of EUR 130–165 million over a three-year period and will integrate eCG operations while completing required divestitures including Gumtree UK and Motors.co.uk as mandated by regulatory authorities.GlobeNewswireAdevinta welcomes Austrian regulatory approval and commences closing of the acquisition of eBay Classifieds GroupAdevinta received Austrian regulatory approval for its acquisition of eBay Classifieds Group after proposing remedies to address competition concerns. The remedies include reducing eBay's stake in Adevinta to at least 33% and restricting information flow to Willhaben. Closing is expected on or about 25 June 2021.GlobeNewswireAdevinta ASA (ADE) - Proposed Acquisition of eBay Classifieds Group: Update from the UK Competition & Markets AuthorityAdevinta and eBay have been notified by the UK CMA that the proposed acquisition of eBay Classifieds Group could reduce UK competition. The parties will propose remedies by 23 February 2021, with a decision expected in early March.GlobeNewswireAdevinta reports solid performance despite a challenging environment in Q4Adevinta reported flat year-on-year total revenues of €200m in Q4 2020, with online classifieds revenues up 4% and display advertising down 6%. EBITDA margin fell slightly to 25.6% due to accelerated investments, and the company closed the Grupo Zap acquisition, targeting eBay Classifieds Group closing in Q1 2021.