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Schibsted invests in Swedish marketplace for preloved fashion

Plick was founded in 2013 and has today more than 500,000 users. “We are really excited to join the founders and the team, and to help develop Plick further,” says Christian Printzell Halvorsen, EVP Nordic Marketplaces in Schibsted. The second-hand market is growing rapidly. While fashion is one of the

Schibsted invests in a marketplace that offers sustainable camping

The Norwegian tourism-tech company Campanyon has the vision of making nature accessible to everyone. Campanyon offers a digital marketplace for camping, tents, glamping and hammocks, among other things. Schibsted joins the company with NOK 11 million, thus becoming the largest individual owner. The sustainable holiday trend, where experiences close to

Schibsted invests in Norwegian health-tech startup, Askin

Askin offers consultation and e-prescriptions through an in-house developed platform is currently experiencing an increasing interest in its services. Schibsted Ventures is investing in Askin following a new share issue in which the health tech company raised a total of the equivalent of NOK 20 million. The company expects growth

Schibsted presents Future Report 2022

It’s that time of the year. Our annual outlook on key trends within tech, people and business, written by our own employees, is finally here. “Today, after 180 years of entrepreneurship, innovation and investments, Schibsted has grown into a family of strong brands ranging from media houses to online marketplaces,

Introducing the Schibsted FAST Framework

FAST is a new Schibsted-wide framework for risk analysis in AI. The framework provides a common basis for approaching risks in the areas of Fairness, Accountability, Sustainability and Transparency, and it is currently being piloted across our group. Artificial intelligence (AI) has great potential for a group like Schibsted. But

Schibsted increases its ownership share in Tibber

Acquires Strawberry’s shares On 2 September Schibsted announced its investment in the smart digital energy provider Tibber. This was achieved through Tibber acquiring Schibsted’s Swedish company Kundkraft AB with a settlement in shares. Schibsted is now investing an additional NOK 350 million in Tibber through Norwegian Strawberry selling its stake

Schibsted becomes shareholder in Tibber after Kundkraft acquisition

Tibber’s acquisition of Kundkraft makes Schibsted a shareholder in Tibber. Digital power company Tibber has been called the “rebels of the power industry”, much due to its unique business model, offering customers renewable electricity at cost and smart technology to help reduce energy consumption. The power company has now also

Schibsted appoints its first Head of Diversity, Inclusion and Belonging

With more than 12 years of experience building diversity in society, Sumeet Singh Patpatia will be responsible for ensuring that Schibsted has the right practices in place to attract and retain a workforce that is as diverse as our customers. “I truly believe that the success and future of Schibsted

Schibsted invests in organic period products to support women around the world

SYD offers organic period products on subscription Schibsted is now investing in SYD as a part of its efforts to promote gender equality and sustainability in society. Launched on International Women’s Day on March 8 2021, SYD raised around SEK 10 million in total capital during the funding round, most

Schibsted’s online classified investment in Denmark moves forward

A day we’ve been looking forward to since last summer. In July last year, Schibsted’s subsidiary Adevinta announced an agreement with eBay Inc. to acquire 100 percent of eBay Classifieds Group. As part of the transaction, Schibsted has acquired the Danish part of the business, DBA.dk and bilbasen.dk. Today we

Marketplace customers potentially save 20.7 million tonnes of greenhouse gases

Today, Schibsted has launched the yearly Second Hand Effect report together with Adevinta. In 2020, the total amount of CO2e potentially saved through 10 Schibsted and Adevinta marketplaces was 20.7 million tonnes, equivalent to 41 percent of the total CO2e in Norway during one year. One of the biggest global

Schibsted ASA, Adevinta ASA and eBay Issue Update on Proposed Transaction of eBay Classifieds Group

The UK Competition and Markets Authority accepts remedies in principle Today, Schibsted ASA confirms that the UK Competition and Markets Authority (CMA) has announced that it considers there are reasonable grounds to believe that the remedies presented by Adevinta ASA (ADE) and eBay Inc. (NASDAQ: EBAY) address their concerns in