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What smart money is saying about VendNorway flag

VENDA.OL · Communication Services · Publishing · Market cap $7.48B

2 funds in our archive have pitched Vend — most recently Pontus in April 2026.

Company profile

Vend Marketplaces ASA, a long-established media group founded in 1839 and based in Oslo, Norway, conducts its business through several key divisions: Nordic Marketplaces, News Media, eCommerce & Distribution, and Financial Services & Ventures. The company runs online classified platforms that effectively connect buyers and sellers, facilitating transactions across diverse categories such as job listings, real estate, automotive, travel, and various consumer products. Its News Media segment encompasses well-known news brands like VG, Aftenposten, and Aftonbladet, published in both digital and print formats, alongside managing a printing facility. Additionally, under the Helthjem and Morgenlevering brands, it provides newspaper and parcel distribution services for both commercial entities and individual consumers. The Financial Services & Ventures portfolio includes digital innovators such as Lendo, which operates online marketplaces for consumer lending, and Prisjakt, a popular price comparison tool for shoppers. Vend Marketplaces ASA maintains an international presence, operating throughout Norway, Sweden, Finland, Denmark, other European countries, and beyond.

Fund coverage · 2 theses

  • Pontus
    April 2026

    Vend is a Nordic marketplace business where perceived near-term AI disruption appears limited, valuation is discounted with buybacks, and management is executing on simplification and capital returns.

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  • Brown Capital International All Company Fund
    June 2025

    Vend Marketplaces is a leading online classifieds platform in the Nordic region, dominating major verticals like mobility, real estate, jobs, and re-commerce, with significant growth potential and strong operating leverage.

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