Schibsted ASA (SCHA/SCHB) - Schibsted adjusts organization to strengthen local execution and global scale
(WorldNews Norway)

Schibsted presents a new organizational setup with two operational divisions, named `Marketplaces` and `Media`. The ambition is to enable Schibsted to further increase the speed of development and increasingly leverage our local competence and strong brands across more than 20 markets. At the same time, it will be possible to continue to capture the benefits of our global scale. The overall strategy of Schibsted remains unchanged; to be a global leader in online classifieds, to develop world-class media houses and develop new growth services. Within Marketplaces, Schibsted will continue to focus on further strengthening our strong brands and traffic positions in current markets, as well as...