OLX Global B.V. OnLine eXchange also known as OLX Group is an online marketplace company headquartered in Amsterdam, Netherlands. It was founded in 2006 and operates in 45 countries. OLX is owned by Prosus, the international assets division of the South African multinational Naspers.
Who created Olx?
Alec Oxenford Fabrice Grinda OLX Group/Founders
How big is Olx?
Founded in 2006, the company has grown to 1,200 employees and operates in 40 countries. With 11 billion page views, 25 million listings, and 8.5 million transactions per month, it is the largest marketplace in India, Poland, and, as of last year, Brazil.
Is Olx safe to buy?
Most marketplace apps including OLX often, based on data, provide inputs about the credibility of the buyer or seller on the platform. These platforms automatically warn you of a suspicious user and display safety tips right in the app basis their fraud detection algorithms.
How much is Olx worth?
As a company which has been continuously posting profits, heres a quick update on the financials for FY18: The net worth for OLX India is $4.66 Mn (INR 34.22 Cr) OLX posted a total expenditure of $21.17 Mn (INR 155.2 Cr), a 93.3% increase from $10.94Mn (INR 80.25 Cr) in the previous year.