Merged websites Daft and DoneDeal valued at €80m

22nd August, 2015
Daft and DoneDeal have recently merged

The merger between classified ads websites Daft and DoneDeal valued the combined business at about €80 million, The Sunday Business Post has learned.

Daft.ie, its sister website Adverts.ie and DoneDeal – now owned by Norwegian media giant Schibsted – merged in July to create one of the biggest listings companies in the country.

Each side valued their 50 per cent stake in the new entity, called Digital Media Ventures, at about €40 million.

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