Tag: schibsted

The rumor swirls again: Wallapop is for sale

The rumor swirls again: Wallapop is for sale

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.

Schibsted had best third quarter ever – CEO

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.

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