Monetization was successful: for the first time Avito paid large dividends to shareholders
In December 2015, the investment company Vostok New Ventures received dividends from Avito in the amount of $ 30.6 million. This is stated in the annual report of the Swedish investment company.
Managing Partner of Vostok New Ventures Per Briliot is confident that Avito will continue to grow: “The payment of dividends in the fourth quarter only confirms that the company is developing very rapidly, while also showing a positive cash flow report.”
According to Briliot, the monetization of the service is very successful, and the chat function for users, although not profitable, is usually implemented only in mobile classifications. “All of this undoubtedly suggests that Avito is one of the most technologically advanced players in the world,” summarizes Per Briliot.
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He also calls on other companies to invest in the Russian Internet segment:
“Megamind” wrote in October 2015 that the South African holding Naspers acquired a controlling stake in Avito. The holding increased its stake from 17.4% to 67.6% by buying shares from other owners for $ 1.2 billion. Avito's valuation after the deal increased from $ 883 million to $ 2.7 billion.
After that, Vostok New Ventures, which owns a 13.3% stake in Avito, valued its stake at 37% more than before the transaction.
As Adindex was told at Naspers Limited, Avito paid dividends to all shareholders from the profit accumulated over previous years, taking into account the need for financing the company in the future.
Avito.ru was launched in 2007 and became famous for its ability to attract investments, Kommersant wrote . Thus, in 2010, the Scandinavian investment fund Northzone and the Swedish investment company KInnevik, one of the founders of the resource, invested $ 25 million in it, thus valuing the entire Avito.ru at $ 66 million. In 2011, another $ 16 million investment was made in the service, and Avito.ru was already valued at $ 159 million. In 2012, $ 75 million of Baring Vostok Private Equity Fund IV and Accel Partners invested in the resource. As a result, the cost of the site has reached $ 300 million.
Avito is one of the ten most popular resources runet. According to TNS , in December 2015, the monthly audience of the service was 23.7 million people throughout Russia.
Managing Partner of Vostok New Ventures Per Briliot is confident that Avito will continue to grow: “The payment of dividends in the fourth quarter only confirms that the company is developing very rapidly, while also showing a positive cash flow report.”
According to Briliot, the monetization of the service is very successful, and the chat function for users, although not profitable, is usually implemented only in mobile classifications. “All of this undoubtedly suggests that Avito is one of the most technologically advanced players in the world,” summarizes Per Briliot.
')
He also calls on other companies to invest in the Russian Internet segment:
Darkest of all before dawn. In Russia, the Internet is just a bright spot. Despite the fact that today there is some decline in consumption, as well as in the advertising market, the online segment will grow. According to Morgan Stanley, by 2018, the share of online advertising will reach 41%.
“Megamind” wrote in October 2015 that the South African holding Naspers acquired a controlling stake in Avito. The holding increased its stake from 17.4% to 67.6% by buying shares from other owners for $ 1.2 billion. Avito's valuation after the deal increased from $ 883 million to $ 2.7 billion.
After that, Vostok New Ventures, which owns a 13.3% stake in Avito, valued its stake at 37% more than before the transaction.
As Adindex was told at Naspers Limited, Avito paid dividends to all shareholders from the profit accumulated over previous years, taking into account the need for financing the company in the future.
Avito.ru was launched in 2007 and became famous for its ability to attract investments, Kommersant wrote . Thus, in 2010, the Scandinavian investment fund Northzone and the Swedish investment company KInnevik, one of the founders of the resource, invested $ 25 million in it, thus valuing the entire Avito.ru at $ 66 million. In 2011, another $ 16 million investment was made in the service, and Avito.ru was already valued at $ 159 million. In 2012, $ 75 million of Baring Vostok Private Equity Fund IV and Accel Partners invested in the resource. As a result, the cost of the site has reached $ 300 million.
Avito is one of the ten most popular resources runet. According to TNS , in December 2015, the monthly audience of the service was 23.7 million people throughout Russia.
Source: https://habr.com/ru/post/298590/
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