Page 2 - Olx
Pre-owned vehicles are likely to witness 10% growth in sales: OLX
Sales of pre-owned cars in the domestic market stood at 4 million in 2018 and is estimated to be at 4.4 million in 2019, said OLX Auto Note study, a consumer report on the pre-owned car market
 "Pre-owned vehicles are likely to witness 10% growth in sales: OLX")
OLX is undergoing a complete overhaul as part of a global brand reform
OLX is undergoing a complete overhaul as part of a global brand reform. Has it covered all the bases?
 "OLX is undergoing a complete overhaul as part of a global brand reform")
OLX Group acquires Aasaanjobs to strengthen its jobs vertical biz
This will help address the growing requirement of over 60 million urban workforce in India valued at over $1 billion
 "OLX Group acquires Aasaanjobs to strengthen its jobs vertical biz")
Olx betting on B2C segment to boost market share in used-car market
At present, OLX gets around 120,000 fresh unique B2C listing every month and 450,000 unique listings every month overall
 "Olx betting on B2C segment to boost market share in used-car market")
OLX revenue jumps 58%, turns profitable, puts pressure on rival Quikr
Classifieds platform OLX has become one of the first large e-commerce companies in India to turn profitable, putting even more pressure on Tiger Global-backed rival Quikr.In disclosures to the registrar of companies for financial year 2016-17, the company reported profit of Rs 8 crore on revenue of Rs 92.5 crore. Earnings rose 58 per cent from the previous year, according to the regulatory filings sourced from Tofler.OLX had reported a loss of Rs 2.1 crore for the 12 months ending March 2016.In June this year, Martin Scheepbouwer, chief executive of the classifieds business for Naspers (it has majority stake in OLX), had said OLX "out executed" Quikr in India. He, however, added that monetising the business in the country was still a few years away."India is a key early market for OLX, in which we had to deploy significant capital in the past years. This investment has been put to very good use by out-executing our main competitor, Quikr," Scheepbouwer had said.Quikr is far from ...
 "OLX revenue jumps 58%, turns profitable, puts pressure on rival Quikr")
Study by OLX reveals millennials mostly buy & sell pre-owned mobile device
Desire to upgrade is the primary reason for selling mobile phones for 68% households in India
 "Study by OLX reveals millennials mostly buy & sell pre-owned mobile device")
Indians stock Rs 78,300-cr worth unused goods: OLX Crust survey
South India leads other regions on stocking, while among cities, Chandigarh and Kochi at 98% lead the stocking chart
 "Indians stock Rs 78,300-cr worth unused goods: OLX Crust survey")
OLX claims leadership in online classified space
Quikr counters it, saying its database had 1.25 times more listings than OLX's
