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Tuesday, 10.06.2025, 07:12
Inbokss: the market value of ss.lv might be an estimated EUR 40 mln

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Several years ago, Inbokss wanted
to acquire ss.lv and offered its owner Juris
Linis EUR 20 million.
“Linis did not agree to sell the classifieds portal for that price. By now,
the market value of ss.lv has substantially increased to at least EUR 40
million,” Grikis said.
As reported, the Revenue Service has decided to halt operations of ss.lv,
Latvia's largest classified advertisements website, as the portal refused to
inform the Revenue Service about automobile dealers not registered with the
service.
The Revenue Service earlier found that the ss.lv website was being used for
illegal business operations by persons buying and selling automobiles who had
not registered with the Revenue Service.
According to information available at Firmas.lv, SIA SS, the user of ss.lv domain, belongs in equal parts to Linis and Andrejs Kivackis, while SIA Internet,
which has also been associated with ss.lv, belongs to Linis (50%), Andrejs
Kivackis (25%) and Sergejs Kivackis
(25%).
In 2016, SIA SS turned over EUR
5.5 million and made a EUR 4.1 million profit, while SIA Internet closed last year with EUR 1.2 million in turnover and a
profit of EUR 222,917.