SCM exercises its call option on Infojobs.it



Schibsted Classified Media (SCM) is already the majority shareholder of InfoJobs.it and is going to buy the remaining 26% to strengthen its position in the Italian online-classified market.

Schibsted Classified Media also owns Subito.it, the n° 1 buying & selling digital platform in Italy and steadily among the first 10 most visited Italian online brands (source: Audiweb Total Digital Audience – 2014 average).

“The decision to exercise the call option on the remaining InfoJobs.it shares is a natural move to further strengthen our position in the Italian market. Subito.it is the leading generalist site in the Italian online classifieds market and a clear success story for Schibsted, but its presence in the ‘job’ segment is still marginal. With the acquisition of 100% of InfoJobs.it, Schibsted will be able to strengthen its presence also in the “job”-segment and thereby offer an even broader range of services to Italian users” says Gianpaolo Santorsola, SVP Schibsted Classified Media.

InfoJobs.it is an online job portal with more than 700 new job offers every day. In 2014, InfoJobs.it reached 5.5 million candidates, more than 70.000 companies and 36.000 active job offers per month.

Published: 3/25/2015 11:13 AM
Last updated: 3/25/2015 11:14 AM