The following announcement was placed on Investment AB Kinnevik's website. They are a major investor in Avito, who owns and operates Russia's largest online classifieds site, Avito.ru. Avito is also a joint venture partner with Property24 in domofond.ru - the Russian property portal who will be attending this year's Bangkok property portal watch conference.
Below are the unaudited results and key performance indicators for Avito for the fourth quarter 2014 and the full year 2014.
During 2014, all revenues were generated from the Avito.ru website.
Key performance indicators of the fourth quarter, 2014:
Key performance indicators for the full year 2014:
Avito provides no guidance on future performance.