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20.7 million tonnes of CO2 emissions potentially saved by online consumers
London and Oslo, 14 April 2021: 20.7 million tonnes of carbon dioxide emissions were potentially saved by consumers who chose to buy and sell used items through ten online marketplaces operated by Adevinta and Schibsted, according to the Second Hand Effect 2020 report (SHE), published today. By offering users platforms where they can buy and sell, online marketplaces reduce the need for newly produced goods and promote more sustainable consumption. This key concept is what Adevinta and Schibsted call the Second Hand Effect. The report, the methodology for which was developed in close collaboration with IVL, the Swedish Environmental Research Institute and sustainability consultancy Ethos International, is in its eighth iteration since launching in 2013. It looks at how much CO2 and materials (plastic, steel and aluminium) have potentially been saved through second-hand trade on participating ma
Adevinta ASA: Second hand trade has big environmental impact according to Adevinta study
20.7 million tonnes of CO2 emissions potentially saved by online consumers
London and Oslo, 14 April 2021: 20.7 million tonnes of carbon dioxide emissions were potentially saved by consumers who chose to buy and sell used items through ten online marketplaces operated by Adevinta and Schibsted, according to the Second Hand Effect 2020 report (SHE), published today. By offering users platforms where they can buy and sell, online marketplaces reduce the need for newly produced goods and promote more sustainable consumption. This key concept is what Adevinta and Schibsted call the Second Hand Effect. The report, the methodology for which was developed in close collaboration with IVL, the Swedish Environmental Research Institute and sustainability consultancy Ethos International, is in its eighth iteration since launching in 2013. It looks at how much CO2 and materials (plastic, steel and alumin
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1 up 4% yoy, benefiting from growing contribution from transactional revenues
EBITDA margin
1 slightly decreasing yoy at 25.6% due to acceleration of investments through Q4, in line with expectations
Accelerated deployment of transactional solutions
Further progress towards completion of the eBay Classifieds Group acquisition
Closing of Grupo Zap acquisition, start of integration phase
Oslo, 11 February 2021 - Adevinta ASA (ADE) ( Adevinta or the Company ) reported flat revenues
1 in Q4 2020 compared to Q4 2019, corresponding to a 1.4% increase excluding impacts of disposal, acquisitions and forex. This demonstrates further sequential improvement in the performance despite the challenging environment and increased Covid-19 restrictions in our key markets.
Online classifieds revenues increased 4% in Q4 2020 while display advertising revenues decreased 6% year-on-year. Changes in the scope of consolidation (disposals in Global Market and Grupo Zap acquisition) had a 1 point i
Adevinta ASA: Adevinta reports solid performance despite a challenging environment in Q4
1 up 4% yoy, benefiting from growing contribution from transactional revenues
EBITDA margin
1 slightly decreasing yoy at 25.6% due to acceleration of investments through Q4, in line with expectations
Accelerated deployment of transactional solutions
Further progress towards completion of the eBay Classifieds Group acquisition
Closing of Grupo Zap acquisition, start of integration phase
Oslo, 11 February 2021 - Adevinta ASA (ADE) ( Adevinta or the Company ) reported flat revenues
1 in Q4 2020 compared to Q4 2019, corresponding to a 1.4% increase excluding impacts of disposal, acquisitions and forex. This demonstrates further sequential improvement in the performance despite the challenging environment and increased Covid-19 restrictions in our key markets.