pili drangerthveding

[Andrius Baranauskas @jaudrius]

Amazing to see @vinted continuing to rock the world. $5B+ company from Lithuania 🇱🇹 — who would have thought?! Great job by Thomas, @mmozuras, @mdstst and many others. https://t.co/cVaHcuEPg3

[Dan Hockenmaier @danhockenmaier]

➡️ New essay on The Unbundling Fallacy

In which I argue that the expectation of mass unbundling of platforms like Reddit and LinkedIn was largely a zero interest rate phenomenon.

And how to predict the few that will break out and become category-defining businesses

Link below

[pili drangerthveding @pilidr]

Shareprice down c10%

[pili drangerthveding @pilidr]

Schibsted marketplace 3q +8% (+10% fxneutral) topline, vs 8-12% target.
Finn Norway +17% on real estate +42% (Hemnet learnings & macro?).
Margin down across all countries to 40% (-5pp)

[pili drangerthveding @pilidr]

Adevinta ownership (more than half of Schibsted market cap) now financial, not strategic

[pili drangerthveding @pilidr]

Adevinta finding its feet, shape & bit of constructive ruthlessness post its 2020 eBay acquisition.
3q topline +12%, transactional +79% (eBay kleinanzeigen +140%), new stronger management team. Share +6%

[pili drangerthveding @pilidr]

Tad surprising end of longrunning saga. eBay & Schibsted retain exposure, albeit reduced

[Adevinta @Adevinta]

We’ve agreed to acquire @ebay’s Classifieds Group. We’ll be the world’s largest online classifieds company, with leading digital marketplaces in 20 countries, reaching 1 billion people and with 3 billion average monthly visits. More: https://t.co/7lxVZwJOvU #acquisition #ebay

[pili drangerthveding @pilidr]

Abject pricetag when Gumtree Australia ends Adevinta/eBay run. Must had truly rough past years - $60m = <1% of highly monetised carsales/seek/Reas' market caps
https://t.co/SVtGxuZZw2

[pili drangerthveding @pilidr]

Sweden secondhand fashion getting (too) crowded with Tise investments, Vinted entry & Schibsted acquiring Plick. And Sellpy, Blocket, Tradera, FB/Insta etc around.
Incidental winners: female influencers & Insta/TikTok

[pili drangerthveding @pilidr]

Tise raises $6.5m for Nordics (Suomi lowest hanging?) + some cash off table.
New investors mixes multibn Luxor Cap with Baltic earlierstsge duo @trindvc & @rubylightfund

[Shifter @Shifter_no]

Gjenbruksappen @Tiseit henter 60 millioner kroner! Vil feste grepet om Norden. https://t.co/s48Qx3mAgo

[pili drangerthveding @pilidr]

Tise topline +111% to 42mnok/$4.4m in 2021.
Fundraised $ got legs. 4x increase in costs (marketing esp from look of it), give 77mnok/$8m loss.

[Timothy Snyder @TimothyDSnyder]

How does the Russo-Ukrainian War end? on Thinking about... https://t.co/DLFVE2OZpG

[max seddon @maxseddon]

Russia has just sanctioned Francis Fukuyama. The end of history is over!

https://t.co/KpTeB9kqBq

[max seddon @maxseddon]

Following sanctions from South Korea, Russia has launched its own import substitution alternative to BTS

[Seva @SevaUT]

Actually Chris Rock made that slap inevitable by being in Will Smith’s sphere of influence.

[Kamil Galeev @kamilkazani]

They're urgently trying to lure whomever to the army. These are listings on Avito. Avito is a classified advertisements website, kinda Craigslist. There you can find jobs, real estate, cars and whatever for sale, services, etc. They're using every channel to boost recruitment

[Atle Staalesen @AtleStaalesen]

This is the car of Andrei Kuznetsov. He is Mayor of #Pechenga, the Russian municipality that borders on Norway and Finland and the twin town of #Kirkenes. Read more about heavy support for #war in the Russian North https://t.co/qM7ECQnRXV

[Walter Chen @smalter]

1kproject made it easy to donate directly to ordinary folks in ukraine.

thanks @alexiskold @thisiszann & team ✌️