Home Money Prosus removes navy job adverts on Russian on-line market

Prosus removes navy job adverts on Russian on-line market

Prosus removes navy job adverts on Russian on-line market

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Amsterdam-based Prosus NV, the proprietor of Russian on-line market Avito, mentioned on Tuesday it has taken steps to take away “a small quantity” of commercials for jobs within the Russian navy that had made it onto Avito’s listings.

Prosus runs Avito as a part of its OLX enterprise, which is likely one of the world’s greatest on-line marketplaces.

“Our Avito classifieds web site in Russia hosts round 90 million lively adverts and moderates round 5 million new listings every single day,” Prosus mentioned in an announcement.

“We have been made conscious of a small variety of job adverts for navy vacancies that had been posted on Avito, and this has now been addressed.”

It didn’t give particulars of the roles.

A Prosus spokesperson mentioned the job adverts had been put up by the Russian navy.

Prosus drew criticism on social media for the job adverts from some Ukrainians indignant that the Dutch firm was permitting the Russian navy to recruit on Avito.

Prosus has mentioned it was “appalled” by Russia’s invasion of Ukraine, which Moscow says is a “particular navy operation”. Nevertheless, the Dutch firm determined to proceed Avito’s operations, which make use of 4 000 individuals in Russia.

“For us to hurry out and go away these individuals with out their livelihoods within the brief time period seems like absolutely the flawed factor to do,” CEO Bob van Dijk advised traders on March 7.

Earlier than the battle Avito was valued at round $6 billion. The corporate mentioned it couldn’t present forecasts, however Avito’s profitability and valuation can be affected by the battle, given the plunge in worth of the Russian rouble.

Individually, Prosus has written off your complete worth of its 27% stake in VK Group, the Russian social media platform whose London-listed shares have been suspended following a US resolution to impose sanctions on its chief government.

Prosus is a part of a cross-holding entity with Naspers of South Africa, with the 2 firms sharing a single board.

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