Post by : Bianca Qureshi
The German online auto marketplace Mobile.de is catching the eyes of investors as its owners consider a partial sale or IPO next year. Dutch technology investor Prosus has reportedly expressed early-stage interest, signaling growing competition in Europe’s used-car classifieds sector.
Germany’s largest automotive platform, Mobile.de, is currently under the ownership of private equity giants Permira and Blackstone, who acquired it from Norway’s Adevinta in 2023. With a market valuation potentially reaching €10 billion ($11.66 billion), the platform is attracting multiple bids and IPO speculation.
Sources indicate that Prosus might pursue a bid through its classifieds arm OLX, adding to the growing list of interested investors that includes EQT, Cinven, and Apax. While no formal sale process has begun, the market buzz reflects Mobile.de’s strategic position in the European auto sector.
This move follows Prosus’ recent purchase of French used-car platform La Centrale for €1.1 billion, marking a clear expansion into Europe’s automotive marketplace. Meanwhile, Permira and Blackstone are restructuring Mobile.de, having already sold its Spanish unit to EQT and its Austrian business Willhaben to a consortium of investors.
With the European online auto market heating up, the interest from multiple investment firms highlights the sector’s growing appeal and potential for consolidation, even as the IPO plans for Mobile.de remain the primary path forward.
Dubai Racing Carnival Opens at Meydan with Top Horses
Dubai Racing Carnival begins at Meydan with 73 horses in 7 races, featuring top local and internatio
UAE Warriors 65 Set for Al Ain, Features Women’s World Title Fight
UAE Warriors 65 returns to Al Ain on Nov 15, featuring 13 MMA bouts, including a women’s world title
Travel Influencer Anunay Sood Dies at 32; Peers Remember His Energy and Spirit
Travel influencer Anunay Sood dies unexpectedly at 32. Fellow creators and adventurers remember his
UAE Tops MENA in ESG Integration, Driving Sustainable Growth
UAE leads MENA in ESG adoption, with companies linking sustainability to business outcomes, employee
Chrysalis International Academy Ushers New Era in Dubai Schools
Nalapad Investments & MVK Holdings break ground on Chrysalis Academy in Dubailand, blending British
Warner Bros Discovery Q3 Revenue Misses Expectations
Warner Bros Discovery posts $9.05B Q3 revenue, falling short of estimates, driven by weak streaming
Soha Ali Khan Shares Fun & Rare Family Dinner Stories
Soha Ali Khan opens up about family dinners, her parents, and siblings, sharing rare anecdotes and i
The New Season Alert Maharani Season 4 Coming Soon
Maharani Season 4 arrives on SonyLIV with Huma Qureshi as Rani Bharti facing new rivals bold politic
Paramount+ to Stream PBR’s Top Bull Riding Series in 2025
Paramount+ secures 5-year rights for PBR's "Unleash the Beast," streaming live across 17 states from
Zohran Mamdani Victory Speech Goes Bollywood with Dhoom Machale
Zohran Mamdani wins NYC mayor race, becoming the city’s first Muslim and South Asian mayor, making h
UAE Life High Stress 3 Simple Ways Expats Can Manage Pressure
Expats in the UAE face daily pressure and burnout Learn 3 simple effective ways to manage stress fin
Smart Meal Prep in Dubai Save Money Stay Healthy
Plan smart eat fresh Discover how meal prepping in Dubai helps you save money eat healthy and enjoy
The Ultimate Guide to Dieting in Dubai Keto vs Vegan vs Mediterranean
Discover Dubai’s top diet trends Keto Vegan and Mediterranean Find which plan fits your lifestyle f
Stay Fit in Dubai 7 Fun Outdoor Workouts Without a Gym
Explore 7 fun ways to stay fit in Dubai from beach runs to desert hikes and skyline yoga No gym nee
Beyond Biryani: Mastering Portion Control in Dubai’s Melting Pot of Cuisines
Discover how to enjoy Dubai’s diverse cuisines wisely Learn simple portion control tips to stay heal