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Dutch-domiciled online market place
- OLX Group is a Dutch-domiciled online market place headquartered in Amsterdam. The OLX consumer brand originated as OnLine eXchange in 2006. OLX Group is owned by Prosus, the international assets division of Naspers.
en.wikipedia.org/wiki/OLX
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The OLX marketplace is a platform for buying and selling services and goods such as electronics, fashion items, furniture, household goods, cars and bikes. In 2014, the platform reportedly had 11 billion page views, 200 million monthly active users, 25 million listings, and 8.5 million transactions per month.
We build leading marketplace ecosystems enabled by tech, powered by trust, and loved by customers. Serving hundreds of millions of people every month, we help people buy and sell cars, find housing, get jobs, buy and sell household goods, and much more.
Jun 20, 2022 · OLX - Business Model. The business model of OLX is based to provide a space for the consumers to buy and sell products. According to the reports, there are more than 300 million active users of the renowned space. Around 65% of the users of OLX are mostly younger male members.
- 2006
- Amsterdam, Noord-Holland, Netherlands
- Alec Oxenford and Fabrice Grinda
- E-Commerce
OLX is powered by a global team of thousands. We combine the spirit and agility of a startup with our global scale and the backing of Prosus, a global consumer internet group and one of the largest technology investors in the world.
Feb 8, 2022 · OLX is an online marketplace that was founded in 2006 by Alex Oxenford, Fabrice Grinda, and Jordi Castello. They founded the company in order to provide a platform that could help people to sell their used unwanted items at reasonable prices.
- OLX was founded in 2006 by Fabrice Grinda and Alec Oxenford.
- OLX Group is an online marketplace company headquartered in Amsterdam, Netherlands. It was founded in 2006 by Fabrice Grinda and Alec Oxenford.
- OLX saw a dip of 1% in its profits from Rs 22.9 crore in FY20 to Rs 22.65 crore in FY21.
- Quikr, Clickindia, Sulekha, Zameen, Adsnity, MercadoLibre, Vivastreet, Snapdeal, Clickooz, Get It are some of the top competitors and alternatives...
- A major part of OLX's revenue comes from Google Ads Monetization and premium listings.
Aug 1, 2021 · An online marketplace for buying and selling goods and services, OnLine eXchange also known as OLX Group was started by Fabrice Grinda and Alec Oxenford for developing countries when they realized that larger players in this segment (like Craigslist and eBay) don’t intend to enter these markets.
Jun 7, 2020 · Since the South African publishing giant came along, OLX has grown under Naspers' international tech division, Prosus. Today the company operates its main OLX brand for its 'horizontal' marketplace sites that advertise a range of classified ads for different categories including real estate.
