Avito
Avito is an online classifieds platform where users post listings for goods, autos, jobs, services, and real estate.
- Acquired, subsidiary of Rosselkhozbank
Avito is an online classifieds platform where users post listings for goods, autos, jobs, services, and real estate.
Avito, Russia’s largest horizontal classifieds platform, signals readiness for an initial public offering (IPO). Co-owner Ivan Tavrin disclosed this to the Moscow Exchange amid expectations that Russian central bank rate cuts could revive market conditions for listings. The platform operates across multiple categories, including real estate, vehicles, and jobs, serving millions of users in Russia.
Apr 2026Online MarketplacesNews article
Rosselkhozbank acquires a 50% stake in Avito, Russia’s largest online classifieds platform. The state-owned agricultural bank now holds a controlling interest in the marketplace, which connects buyers and sellers across multiple categories. Avito operates as a dominant player in Russia’s digital commerce ecosystem, facilitating transactions in goods, services, and real estate.
Apr 2025The Moscow TimesNews article
Prosus sells its Russian classifieds platform **Avito** for **$2.46 billion** in a deal finalized at **151 million roubles**. The transaction follows months of speculation about Prosus’ potential exit from the Russian market amid geopolitical and economic pressures. Avito operates as a horizontal marketplace, connecting buyers and sellers across multiple categories.
Oct 2022Online MarketplacesNews article
Prosus, a Naspers-owned technology investor, agrees to sell its Russian online marketplace **Avito** for **R45 billion**. The deal marks a strategic exit from the classifieds business in Russia amid broader market adjustments. Avito operates as a leading platform for classified ads in the region.
Oct 2022TechCentralNews article