Russia
Авито, founded in 2007, is a preeminent player in the global classifieds sector. As a highly trafficked service, it connects buyers and sellers, including private individuals, SMEs, and large corporations, on a singular platform. The company operates out of Russia and plays a pivotal role in facilitating transactions in various categories such as goods, automobiles, jobs, services, and real estate.
With an astounding 230 million active listings and a monthly user base exceeding 72 million, Авито stands unparalleled in its reach and engagement, positioning itself as a critical asset in the Advertising, E-Commerce, and Internet industries. Ensuring transaction security and convenience, it has integrated a robust delivery solution across Russia that supports seamless trade.
The company's last significant capital influx was a $1.16B secondary market investment acquired on January 25, 2019, led by Pobts. This sizeable financial backing further underscores investors' confidence in its expansive growth trajectory and strategic market positioning.
