Overview

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Status
Acquired by on October 23, 2015
Total Equity Funding
$142M in 4 Rounds from 6 Investors
Headquarters:
Moscow, Moscow City
Description:
Avito.ru is a web platform for free online classified ads in Russia.
Founders:
,
Categories:
Internet, Classifieds, Advertising, Real Estate
Website:
http://www.avito.ru
Social:

Company Details

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Founded:
2008
Contact:
7 4952 28 36 30
Employees:
501 - 1k | 2 in Crunchbase

Avito.ru, the biggest site for online classified ads in Russia.

Naspers Buys Majority Stake In Russian Classifieds Site Avito For $1.2B. The firm announced that it will increase its existing 17.4 percent ownership to a majority 67.9 holding through the acquisition of shares from existing investors (Northzone, Accel Partners and Kinnevik). Kinnevik has sold his 31,9% for $846M.

The company was valued at $2.7B.

Funding Rounds (4) - $142M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2014$17M / Private Equity1
Mar, 2013$50M / Series D1
May, 2012$75M / Series B4
May, 2011undisclosed amount / Private Equity2

Current Team (2)

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Competitors (5)

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  • Amazon.com is an international e-commerce website for consumers, sellers, and content creators.
  • Auto.ru is an advertising and information portal on automobile related subjects.
  • GumTree is an online classified ads and community site that provides users with a platform to find and advertise rooms, flats, and houses.
  • HeadHunter is a website that helps companies find employees, and job seekers find suitable job opportunities.
  • YouDo.com is a marketplace that helps consumers find and hire local professionals for home repairs.

Offices/Locations (1)

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  • Headquarters

    Lesnaya st., 7

    Moscow, Moscow City 125047

    Russian Federation

Past Event Appearances (1)

Images (5)

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