Adevinta ASA (ADE) - OLX Brazil completes the acquisition of 100% of Grupo ZAP - Seite 3
OLX Group is the online classifieds business of Prosus, a global consumer internet group and one of the largest technology investors in the world. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the JSE Limited (XJSE:PRX), and is majority owned by Naspers. For more information on Prosus and its companies and investments, please visit www.prosus.com.
About OLX Brazil
In Brazil since 2010, OLX Brazil has the mission of empowering people to achieve their dreams, reinventing the consumption model. The company is 100% digital and does so through technology
developed locally, helping its users to buy and sell almost everything quickly, safely and conveniently. By encouraging reuse, OLX Brazil contributes to the reduction of waste, CO2 emissions and
encourages the use of natural resources, giving items a second, third and even fourth life.
The acquisition involved the purchase of 100% of the shares of Grupo ZAP. OLX Brazil shareholders continue to be two of the main global media and marketplaces investment groups: Prosus NV (50%),
listed on the Amsterdam stock exchange and mostly controlled by Naspers Ltda, and Adevinta ASA (50%), listed on the Oslo stock exchange and controlled by the Norwegian group Schibsted.`£
About Grupo ZAP
Grupo ZAP is the result of the merger of ZAPImóveis and Viva Real in 2017. ZAPImóveis was created in 2000 and is indirectly owned by some of Grupo Globo’s shareholders since 2013, while
Viva Real, on its turn, was launched in 2009. Grupo ZAP has the mission to transform the way the real estate market operates through technology. With 26 offices across the country, it has a
relevant database in the market, developing products, intelligence, services and information to generate gains and rightful decisions to parties involved.
Adevinta IR contacts
Marie de Scorbiac
Head of Investor Relations
+33 6 14 65 77 40
ir@adevinta.com
Adevinta Media contacts
Mélodie Laroche
Corporate Communications
+33 6 84 30 52 76
melodie.laroche@adevinta.com
Prosus IR contact
Eoin Ryan
Head of Investor Relations
Eoin.Ryan@naspers.com
OLX Group / Prosus Media contact
Ana Garcia
Head of Communications OLX Group
Ana@olxgroup.com
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This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act