b, founded in 2006, is a global online marketplace, [1] operating in 45 countries, [2] and is the largest online classified ads company in India, Brazil, Pakistan and Poland. Fabrice Grinda and Alec Oxenford founded the company as a Craigslist alternative for the world outside of the United States. [1] South African media group Naspers, acquired a majority of OLX in 2010 and 95% of the company in 2014. The OLX marketplace facilitates buying and selling services and goods such as electronics, furniture, household goods, cars and bikes. OLX had 11 billion page views, 200 million monthly active users, 25 million listings, and 8.5 million transactions per month in 2014. Payments between buyer and seller are made offline, so OLX does not have to deal with varying payment infrastructure availability in each of its markets. [, a classifieds site targeting the Hispanic market and in 2007, OLX made an investment Chinese classifieds site in Edeng.cn. [4] In 2008, OLX's growth in the Philippines was attributed to its partnership with Friendster.

OLX invested in "Web 2.0" features in 2008, such as social network widgets, improved search, Ajax-based editors, interactive maps, and mobile versions. In 2009, OLX partnered with Hi5, a social network, which at the time had 60 million users. Hi5 implemented OLX features, such as displaying ads and sharing ads with friends, and OLX enabled video, image and mobile features, in 39 languages and 90 countries. table and chair rentals oshawa In 2014, CEO Alec Oxenford said that OLX adopted a "Martian approach" to international expansion, launching in India, the largest available market, rather than in the United States. table and chair rental inland empire[1] Naspers consolidated its online classified operations in the Philippines, Thailand, Poland, Hungary, Bulgaria, Romania, Ukraine, Belarus, Kazakhstan and Indonesia and re-branded them as OLX. clear plastic chairs auckland

The company invested heavily in television advertising. Oxenford said that adoption of the internet by more than three billion people has made television more effective as a driver of traffic to websites or apps than it was during the early dot-com period, when television advertising didn't work well for websites. Oxenford has said that OLX acted as a “wealth creator” in emerging markets, enabling people to easily monetize their services and possessions. rocking chairs for sale calgary About 54% of OLX's global traffic, then 240 million unique monthly visits, came from mobile in 2014. parker knoll chair springs The company began to aggressively advertise in India in 2011. chair cane supplies toronto[8] OLX said it had 60% of the online classified market share in India in 2013, with 80% of usage on mobile.

[7] OLX said 1.5 billion monthly page views were generated from India in 2014. [9] Morgan Stanley called OLX the "undisputed leader in India" in a 2013 report. OLX became the vernacular for 'selling' in India, in the form of 'OLX Pe Bech De', ' OLX Kar Do' and 'OLX it'. [9] About 90% of listings in India came from used mobile and electronics, used home and household goods, and used cars & bikes. [9] Used cars account for 45% of page views, as of 2015. In addition to continuing its free listings, OLX said in 2015 it would start to sell priority space for premium listings. In 2016, OLX said about 72% of all used cars sold monthly in India were from transactions on the site. [11] The number of used car sales on the site in India grew 100 per cent in 2016 from 2015. About 200,000 vehicles with a value of $1 billion are sold monthly on the site compared to 95,000 cars worth $470 million in 2015. , owned by Sweden's Schibsted, combined in 2014 to create the largest classifieds site in Brazil.

[13] The company began offering programmatic advertising in 2016, accessing 43 million unique visitors and three billion monthly page views in Brazil. In Kenya, more than 10,000 farmers used OLX to sell their produce and livestock in 2016, especially chicken and cattle, and fresh produce. [15] Traditionally in Kenya, farmers and buyers paid brokers a fee to assist with sales. The transition to online selling enables farmers to earn more by cutting out brokers and reducing transportation costs. [15] The company said it saw the need for the category after it saw farmers listing livestock for sales in its pets category. OLX, which launched in Nigeria in 2012, said it had more than three million sellers and buyers in the country in 2015. [17] OLX purchased its Nigerian competitor, TradeStable. Philippine classified ads site Sulit rebranded as OLX in 2014. The merger in the Philippines between OLX and Ayos Dito redirected Ayos Dito users to OLX as of 2015. The company was funded by U.S. venture capital firms, including Nexus Venture Partners, The Founders Fund, DN Capital, General Catalyst Partners, and Bessemer Venture Partners.

[4] In 2010, a majority of the company was acquired by the South African media group Naspers, [21] which bought out the existing investors. [4] Prior to the Naspers' investment, OLX had raised $30 million. something about your browser made us think you were a bot. There are a few reasons this might happen: To request an unblock, please fill out the form below and we will review it as soon as possible. /Escrow/Home-Office-Furniture/w1136 from 46.137.230.43 on 2017-05-07 21:46:28 GMT. Trace: 9FF2BB40-336E-11E7-BEAA-C8F42B9A250F via cb94677d-e8f6-4df9-9a03-a5b24b199dcf Home - Furniture - Garden » Furniture Quality wadrobe with a dresser Kitchen cabinets and wardrobes Very nice 3 in one wadrobe Home used sofa for sale Quality and modern dining room furniture Stylish Sofa For Sale Quality 21-Panel Wooden Doors For Sale in Kumasi Quality UK chairs with tablet for sale 240cm Oval Glass Dining set Glass Center table with 2 side tables