Brief: Schibsted says hasn't seen any strong effects from Facebook's competition
14/11/2017 16:04
Nov 14 (Reuters) - Schibsted SBSTa.OL :
* Norway's Schibsted has not seen any strong effects from
Facebook
competition in online classified ads business, Sondre Gravir,
EVP Europe, Established Sites, told and investor conference in
Barcelona on Tuesday
* Gravir said competition was increasing but Schibsted had a
strong market position
* "We have the domain expertise on market places and we are
also
making new launches (like Facebook)," he added
Further company coverage: SBSTA.OL
(Reporting By Ole Petter Skonnord)
((olepetter.skonnord@thomsonreuters.com;))