Avitoru

Avito.ru is a web platform for free online classified ads in Russia.

Avito.ru, the biggest site for online classified ads in Russia. Naspers Buys Majority Stake In Russian Classifieds Site Avito For $1.2B. The firm announced that it will increase its existing 17.4 percent ownership to a majority 67.9 holding through the acquisition of shares from existing investors (Northzone, Accel Partners and Kinnevik). Kinnevik has sold his 31,9% for $846M. The company was valued at $2.7B.