eBay sells it classified biz to Norway’s Adevinta

• Adevinta signs agreement to acquire eBay Classifieds Group (Adevinta)
• One of the oldest businesses on the internet just got sold for $9 billion (CNN Business)
• eBay sells its classifieds business to Adevinta for $9.2 billion (Venturebeat)

e-mobility news from across Europe

• Paris snubs Bird in highly competitive electric scooter competition (The Verge)
• Belgian e-bike company Cowboy snags €23 million Series B to continue European expansion (Tech.eu)
• Soundcloud founders launch Berlin-based e-bike subscription startup (Reuters)

The EU leaders’ lack of digital ambitions

• EU leaders slash science spending in €1.8 trillion deal (Science)
• MEPs debate recovery fund, condemn major cuts to long-term EU budget (European Parliament)
• Leaders agree on slimmed-down €80.9B for Horizon Europe (Science|Business)
• Von der Leyen deplores ‘regrettable’ cuts in health, research, climate (New Europe)

European tech’s Q2 was ok, considering…

• European Venture Report Q2 2020: Funding down to 2018 levels after record high in 2019

Philippe Botteri, partner at Accel