M&A Deal Summary

Schibsted Acquires eBay Classifieds Group - Denmark Assets

On July 21, 2020, Schibsted acquired internet software and services company eBay Classifieds Group - Denmark Assets from eBay for 330M USD

Acquisition Highlights
  • This is Schibsted’s 3rd transaction in the Internet Software and Services sector.
  • This is Schibsted’s largest (disclosed) transaction.
  • This is Schibsted’s 1st transaction in Denmark.

M&A Deal Summary

Date 2020-07-21
Target eBay Classifieds Group - Denmark Assets
Sector Internet Software and Services
Buyer(s) Schibsted
Sellers(s) eBay
Deal Type Divestiture
Deal Value 330M USD

Target

eBay Classifieds Group - Denmark Assets

Denmark
eBay Classifieds Group's Denmark Assets is a marketplace specialist that helps local digital marketplaces thrive through global connections and networks of knowledge.

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Buyer(S) 1

Buyer

Schibsted

Oslo, Norway

website


Category Company
Founded 1839
Sector Media
Employees5,000
Revenue 14.6B NOK (2021)
DESCRIPTION

Schibsted is a media company. It consists of three elements that work seamlessly together: Classifieds, Growth and Media houses. Schibsted's online classified marketplaces and offer the best solutions and services for our users. Schibsted was founded in 1839 and is based in Oslo, Norway.


DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 3 of 4
Type (Divestiture) 1 of 1
Country (Denmark) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-23 Schibsted Classified Media Spain SL

Spain

Schibsted Classified Media Spain SL is a provider of media services in Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-16 HomeQ

Stockholm, Sweden

HomeQ is a Swedish marketplace for first-hand rental apartments that connects property companies with potential tenants. HomeQ was formed in 2016 and is based in Stockholm, Sweden

Buy -

Seller(S) 1

SELLER

eBay

San Jose, California, United States

website


Category Company
Founded 1995
Sector Internet Software and Services
Employees11,600
Revenue 9.8B USD (2022)
DESCRIPTION
Entrance to eBay's corporate headquarters in San Jose, California.
Entrance to eBay's corporate headquarters in San Jose, California.

eBay is an online retailer and provider of auction tools and services. eBay enables global commerce and payments on behalf of users, merchants, retailers and brands of all sizes. The technologies and services eBay provides are designed to enable users and merchants worldwide to organize and offer their inventory for sale and buyers to find, buy and pay for it virtually anytime and anywhere. eBay was incorporated in 1995 and is based in San Jose, California.


DEAL STATS #
Overall 12 of 14
Sector (Internet Software and Services) 9 of 10
Type (Divestiture) 8 of 9
Country (Denmark) 1 of 1
Year (2020) 2 of 2
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-21 eBay Classifieds Group

California, United States

eBay Classifieds Group operates an international family of local classifieds marketplaces in 13 countries. It helps people find whatever they’re looking for in their local communities.

Sell $9.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-24 eBay - Businesses in Korea

Seoul, South Korea

eBay’s Businesses in Korea is an operator of an online shopping platform. eBay’s Businesses in Korea is based in Seoul, South Korea.

Sell $3.0B