World

EBay sells classified businesses to Norwegian Adevinta

Norwegian Adevinta is buying eBay’s (EBAY) $ 9.2 billion classified ad business to create the world’s largest online classified ad company. In the age of Google (GOOGL)and Facebook (full board)The classifieds are not exactly a gigantic business: they accounted for only about 3% of the $ 125 billion internet advertising …

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