November 14, 2017 / 4:36 PM / 4 days ago

BRIEF-Schibsted says hasn't seen any strong effects from Facebook's competition

Nov 14 (Reuters) - Schibsted:

* 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: (Reporting By Ole Petter Skonnord)

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