Russia's major classifieds business sold for $2.4 billion

Oct 15th 2022 8:28am EDT

Dutch-based technology investor sells Avito to Russian investment company Prosus, the Dutch-based technology investor, will sell its online marketplace for classified advertising, Avito, for 151 billion roubles ($2.46 billion) to Kismet Capital Group, a Russian investment holding, the parties announced on Friday. Prosus, which owns a 100% of Avito, and its parent, Naspers of South […]

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