Another report has emerged claiming that Wallapop, Spain's top stuff app, is looking for a buyer. A report in El Confidencial newspaper named Schibsted and Naspers as potential buyers, and put a price tag of €370 million ($395 million U.S.) on the stuff app.
The uncertainty over who will be the new owner of Swedish real estate site Hemnet might be ended in the next three weeks, since the organizations together owning 50 percent of Hemnet have called for extraordinary general meetings.
As promised in our first brief this morning, we attended the Schibsted Q3 results presentation and what follows is what CEO Rolv Erik Ryssdal said in his presentation.
In Q3 of FY2016 Schibsted reported its highest gross operating profit ever, said Schibsted CEO Rolv Erik Ryssdal. The result was possible thanks to continuing revenue growth, improved profitability margins in the online classifieds operations, online growth and significant cost reductions in the media houses, he said.
Besedo CEO Patrik Frisk answered our questions on the recent merger with Paris-based real-time content analyst ioSquare and plans to list the company in Stockholm .
Schibsted Media Group held an Investor Day in London and New York in the last week of September, where investors were given a glimpse on how Schibsted plans to survive (and prosper after) the next wave of disruption.
Market commentators have described the sharp drop in the Schibsted share price since the start of the month as a response to the presentation of Facebook's Marketplace on Oct. 3. Could that be?
Schibsted held its 2017 Investor Day in London yesterday, where it talked about its investment in tech infrastructure and product platforms. Today is Investor Day in New York.
In Finland, Schibsted-owned general classified site Tori.fi launched new advertising infrastructure in cooperation with AppNexus.
To be able to vote usually costs the shareholder a premium. In recent weeks, this fact has become increasingly visible in the price moves of Schibsted's A and B shares.