Saturday December 14, 2019

Merged websites Daft and DoneDeal valued at €80m

Ian Guider

Markets Editor

@ianguider
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.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Patient advocates are unhappy with the latest report on the national cervical screening programme and want further reviews, but some medical experts say resources would be better used elsewhere

Susan Mitchell | 6 days ago

Britain’s so-called ‘election of a generation’ is as muddled and confused as the Brexit debate that preceded it. On the ground in a number of constituencies, it proves difficult to take the temperature of this strangest of political contests

Susan O'Keeffe | 6 days ago

Undisclosed pay deals, secret pensions and underpayment of tax are just some of the problems left by John Delaney, as last week’s press conference revealed that the FAI has a long road ahead of it

Róisín Burke | 6 days ago