Vend Marketplaces ASA Overview
Pro stress-test →Vend Marketplaces ASA develops internet marketplace platforms offering digital marketplaces for mobility, re-commerce, real estate, and jobs. The company operates various marketplaces in Sweden, Norway, Denmark, Finland, and Poland, positioning itself as the dominant classifieds and marketplace operator across the Nordic region.
Strategic Profile
Pro stress-test →The company was formerly known as Schibsted ASA and changed its name to Vend Marketplaces ASA in May 2025. In June 2024, the group spun off its print and online publishing activities, focusing exclusively on high-growth digital marketplace operations. Its marketplaces operations comprise online classified operations through FINN.no, blocket.se, tori.fi and oikotie.fi, and bilbasen.dk and dba.dk, which provide technology-based services to connect buyers and sellers and facilitate transactions.
Competitive Landscape
Pro stress-test →The company operates leading regional platforms including FINN.no in Norway and Blocket.se in Sweden, competing against international platforms like Facebook Marketplace, Craigslist, and Immobilienscout24. Vend maintains competitive moats through deep market penetration, network effects, and established brand recognition in Nordic markets, though faces pressure from global tech giants expanding into classifieds.
Industry Context
Vend Marketplaces ASA operates in Digital Marketplaces & Online Classifieds.
Key facts
Founded: 1839 · Headquarters: Oslo, Norway · Employees: 3,301 · Revenue: $607M · Market cap: $5.32B