 | |
| Schibsted Marketplaces | |
| Company type | Allmennaksjeselskap |
| OSE:SCHA OSE:SCHB | |
| Industry | Mass media |
| Founded | 1839; 186 years ago (1839) |
| Headquarters | Oslo,Norway |
Key people | |
| Revenue | NOK 14.6 billion(2021) |
| Owners | Tinius Trust Government Pension Fund of Norway Foreign banks NWT Media AS Others[1] |
Number of employees | 5000+ |
| Subsidiaries | Trader Media East |
| Website | www.schibsted.com |
Schibsted ASA is an international media group. The company has itsheadquarters inOslo,Norway, and is listed on theOslo Stock Exchange. TheCEO is Christian Printzell Halvorsen.[2]
In 2019, Schibsted spun off the majority of their online marketplaces business area into a new company calledAdevinta [no]. Brands such aseBay Kleinanzeigen,Leboncoin.fr andShpock were included, and stakes in similar websites across Europe were also transferred.[3] As of December 2022 Schibsted continues to hold a 22.8% stake in the company.[4]
In 2024, Schibsted sold its media operations toThe Tinius Trust throughBlommenholm Industrier transforming Schibsted into two more focused companies: a media company, known as Schibsted Media, fully owned by the Trust and a publicly listed marketplaces company, known as Schibsted Marketplaces (becoming the original company's legal successor) until a new name has been announced.[5] The CEO for Schibsted Media isSiv Juvik Tveitnes.
The following year, Schibsted Marketplaces announced its full rebrand of its brand operations to Vend which would take effect during Q2 2025.[6]
On 25 February 2025, Schibsted Media announced the acquisition proposal of theTV4 Media for 6.55 billionSEK. The acquisition expected to end in the third quarter of 2025, following regulatory approval.[7][8]
In 1839,Christian Michael Schibsted founded the publishing companyChr. Schibsteds Forlag and in 1860, he started publishing the newspaperChristiania Adresseblad, from 1885 known asAftenposten. In 1966, Schibsted also acquiredVerdens Gang (VG). These were Norway's two largest newspapers, withVG surpassingAftenposten in 1981. In 1989, under the leadership ofTinius Nagell-Erichsen, Schibsted went from being a family-owned company to a corporation, and was listed on the Oslo Stock Exchange in 1992. From 1992 to 2006, Schibsted owned part ofTV 2, and in 2004 Schibsted bought part ofTV 4 Sweden. While retaining its newspapers division, the company later shifted its focus from television to Internet classifieds/marketplaces, such asFinn.no [no],Blocket.se [sv],Tori.fi [fi],[2] andInfoJobs.[9] In 2021 Schibsted acquireddba.dk [dk] andBilbasen [dk].
