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Avito.ru takes $75 million for Russian small web ads

Russia's online listings market could be about to explode, and investors want a piece of it.
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Russia’s Avito.ru raises $75M for Craig’s List style classified ads

Business & Finance : Venture Beat (2 years ago)

AVITO.ru has raised $75 million to expand its web-based classified advertising. It’s like a Russian version of Craig’s List. But it will be interesting to Silicon Valley observers because of its backers. Investors include Baring Vos... Read Post

Russian Classified Giant’s $75m From Accel Shows It’s 1999 In Emerging Economies

Technology : TechCrunch (2 years ago)

Avito.ru, the biggest online classified ads site in Russia, has secured a fresh $75 million round of funding from Accel Partners' London office. Founded in 2008, Avito has so far landed $101 million from Accel, Baring Vostok Private... Read Post

Russia's Avito Becomes World's 3rd Biggest Classifieds Site After Naspers Deal

Technology : TechCrunch (last year)

South Africa's Naspers has agreed to merge its two Russian online classified Web site with Avito in a $570 million deal that will make Avito the world's third biggest classified site after Craigslist and China's 58.com. Read Post


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