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LeBoncoin.fr surpasses eBay.fr

Posted on: Mon, 27 Dec 2010 07:51:23 EST

Dec 27, 2010 (CORPORATE IT UPDATE via COMTEX) --

27 December 2010 - French classified ads website LeBoncoin.fr has managed to establish itself on the local market over the past two years and even outperform the French version of eBay.

Previously, LeBoncoin.fr was owned by French publishing group Spir Communication. Earlier this year, the latter sold its 50% shareholding in LeBoncoin.fr to Norwegian media group Schibsted for EUR200m.

LeBoncoin.fr expects a revenue of some EUR36m in 2010, whereas its operating margin is seen at 59%.

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