Avito.ru

Avito Holding AB. or Avito Russia Inc.
Type of business Private company
Type of site
 Classifieds
Available in Russian
Founded 2007 (2007)
Headquarters Moscow, Russia
Founder(s) Jonas Nordlanderr and Filip Engelbert
Key people Jonas Nordlanderr (CEO)
Services E-commerce, web communications
Website www.avito.ru
Alexa rank Increase 154 (December 2016)[1]
Registration Optional
Launched 2007 (2007)
Current status Active

Avito.ru is a Russian classified advertisements website with sections devoted to general good for sale, jobs, real estate, personals, cars for sale, and services.

Avito.ru is the most popular classifieds site in Russia and is the third biggest classifieds site in the world after Craigslist and the Chinese website 58.com.[2][3] In December 2016, it had more than 35 million unique monthly visitors. On average, Avito.ru's users post more than 500,000 new ads daily and the overall ads are about 30 million active listings.

In February 2016, the Russian Forbes put the service in third place in the list of the most expensive companies of the Runet, estimating it at $ 2.4 billion."20 самых дорогих компаний Рунета: рейтинг Forbes". www.forbes.ru. Retrieved 2018-02-14.

History

Avito.ru was founded in 2007 in Moscow. In 2010, Avito.ru collected a large amount of capital from venture capitalist Northzone. In 2012, Avito launched in Egypt and Morocco, where in a few months became those countries´ biggest classified ads site. In 2013, Avito.ru merged with its Russians competitors Slando.ru and OLX.ru to become the Russian market leader for classified ads, and was later purchased by Naspers for $1.2 billion.[4][5] In December 2013, Avito.ru had around 23.9 million users.

References

  1. ↑ "Avito.ru Site Info". Alexa Internet. Retrieved December 28, 2016.
  2. ↑ Shu, Catherine. "Russia's Avito Becomes World's 3rd Biggest Classifieds Site After $570M Deal With Naspers".
  3. ↑ "Naspers Steps up Investment in Avito - Business Wire".
  4. ↑ "This Craigslist Copycat Gets a Lift From Russia's Recession". 15 March 2016 – via www.bloomberg.com.
  5. ↑ "Russian website Avito seen doubling revenues". 22 April 2017 – via Reuters.
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