News


Alexander Hannerland, co-owner of Swedish search engine Hitta.se (photo from his LinkedIn page with thanks)

Classified experts buy Hitta.se from Schibsted

No big deals were announced in the classifieds division at Schibsted's Q2 results presentation today, but Schibsted Growth presented a deal that has a few classified connections, making it worthwhile to report. Schibsted will sell its search engine business in Sweden to a group with well-known “classifieds personalities".


Martín de Nicolás

Schibsted Spain appoints new managing director

Schibsted Spain announced the appointment of Estanis Martín de Nicolás to the role of managing director. He will assume overall leadership of marketing-leading recruitment vertical InfoJobs.net, real estate platforms Fotocasa.es and Habitaclia.com, marketplace sites Milanuncios.com and Vibbo.com, and auto verticals Coches.net and Motos.net.



After solid Q2, Schibsted says it may sue Google

Today, Schibsted reported a record-high gross operating profit for Q2 of FY2017, as part of a sunny report from Oslo, where most people are already on holiday. EBITDA was higher than expected and at NOK 4.3 billion ($533 million U.S.), Q2 revenue was slightly higher than analysts had expected.



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