What is Avito.ru & Avito.ru Review

Avito.ru is a well-known Russian classified information publishing platform for daily life. It was founded in 2007 and is the third largest classified information publishing platform in the world. The company currently accounts for 25% of the traffic and 15% of the output value of the Russian classified information market.

About Avito.ru

In 2007, Jonas Nordlander and Filip Engelbert founded Avito.ru in Moscow. The site currently has over 45 million ads, 35 million unique visitors per month, and 140,000 daily active users.

Avito is one of the 10 most popular online shopping websites in Russia. But it is worth noting that the source of Avito's traffic is not in major cities such as St. Petersburg and Moscow. On the contrary, Internet users in more remote areas prefer to buy and sell goods on Avito. In the last quarter alone, 90% of the website traffic came from regions other than Moscow and St. Petersburg.

In 2012, Avito generated sales revenue of approximately $30 million.

Development History

-In 2010, Avito.ru collected a large amount of funding from venture capitalist Northzone.

- In 2012, Avito.ru was launched in Egypt and a few months later became the largest classifieds site in the country.

- In 2013, Avito.ru merged with Russian competitors Slando.ru and OLX.ru to become the leader in the Russian classifieds market and was later acquired by Naspers for $1.2 billion.