eBay, a global commerce leader that connects millions of buyers and sellers worldwide, has entered into a definitive agreement to acquire Tise – a consumer-to-consumer (C2C) social marketplace headquartered in Oslo, Norway.

The acquisition will strengthen eBay’s global proposition in C2C, building on the significant momentum it has made in elevating the customer experience. The acquisition follows eBay Ventures’ 2022 investment in Tise and is expected to bring to eBay complementary C2C capabilities, while extending eBay’s best-in-class customer service and global scale to Tise. Closing is subject to customary conditions and is expected to occur by the end of the fourth quarter of 2025.

COBALT is advising Rubylight, a Latvian technology investment company and one of the selling shareholders of Tise, whom COBALT also advised upon its initial investment into Tise in 2020. Our project team includes Partner Kristel Raidla-Talur and Senior Associate Heleri Tammiste.

For further information about the transaction please see: www.ebayinc.com/stories/news/ebay-to-acquire-tise/