Naspers-backed OLX is trimming its headcount in Nigeria and Kenya as it moves to turn profitable this year. Speaking to TechMoran, Peter Ndiangui, OLX Kenya country manager said, "We made a difficult but important decision in Kenya and Nigeria to consolidate our operations between some of our offices internationally. "Our ...
OLX, a Naspers' classifieds platform has partnered with Savanah’s Comic of the Year winner, Skhumba Hlope to double up its user numbers this January in South Africa. The site is working with the commedian to show users how easy its to use the platform and make smart financial choices this ...
OLX Egypt has appointed Dina Gobran as the new General Manager taking over from Momtaz Moussa, who has been appointed to an international leadership position at OLX Global.The firm says Gobran’s appointment is an essential step for achieving OLX’s 2018 growth plans as Egypt is one of the biggest markets ...
Naspers' owned OLX Group has officially acquired online vehicle marketplace AutoTrader after approval by South Africa authorities. According to AutoTrader CEO George Mienie, “We are excited to work with the OLX Group that is part of a global company. Our customers can stand to benefit substantially from investment in product innovation as ...
You would agree with me that selling off an old or new car (particularly an old car) have over the years proven to be not as easy and convenient as buying one. It might take some time for that to turn around but are you planning to sell off your ...
As people move toward a more digital existence, real estate agents must adapt and be visible where buyers and sellers spend their time online providing leads with the information they need to select you as their guide throughout the home buying and selling process. Yvonne Malebe, head of Sales and ...
OLX has introduced a new car category, verified cars to boost safety of buyers looking for cars on their site. Cars in this category now have verified badges ascertaining that they have been verified by OLX. In this new category, OLX is getting more involved in the transaction by having ...
In a move to make its platform secure and trusted, OLX Kenya has introduced new 'phone number verification' feature mandatory for sellers who want to list their products for sale on OLX. With the move, the firm expects to reduce the number of fraudulent listings on the platform as well ...
When talking about online classified advert sites in Nigeria, the platforms that readily come to mind are OLX and Jiji. You can add Mobofree in between. This said, there is now a new startup set to disrupt the business of online classified advert in Nigeria and it is named Yakata. Yakata ...
Naspers' general classifieds site OLX is bringing human intervention to its platform with the launch of ''Sell it for Me'' in Nigeria in Kenya beginning with the auto category then gradually to other categories and to other countries. OLX country manager Peter Ndiang’ui told TechMoran, "We are not in hurry ...
OLX and Property 24, both Naspers' backed Internet firms have partnered to help each other sign up new property advertisers as they move towards monetisation. The new promo will see real estate agents using Property24 for the first time get a bundled discount if they place their adverts on both ...
letgo, a US-based mobile marketplace for buying and selling goods locally has raised $175M in new funding from Naspers, Accel, Insight Venture Partners, New Enterprise Associates, 14W and other investors to accelerate U.S. and international growth, and to boost its already significant investment in areas such as artificial intelligence and ...
Mastercard has launched 2KUZE, a mobile marketplace connecting smallholder farmers, agents, buyers and banks in East Africa in a move set to digitize agriculture in East Africa. 2KUZE, which in Swahili means "Let's grow together," is expected to enable farmers to buy, sell and receive payments for agricultural goods via ...
OLX Kenya saw over 1 million items listed for sale on its site last year with over 100,000 users registered to sell on the site according to a new internal report. According to the firm, among the categories with the most inventory on sale were electronics, followed by vehicles, mobile ...
CWG Plc, has inked a partnership deal with OLX Nigeria, the country's top online classifieds platform to offer OLX merchants free small business enterprise resource planning software (SMERP). The solution, built by Computer Warehouse Group (CWG) aims to enable Small and Medium Enterprises (SMEs) manage their business operations efficiently. CWG ...
OLX Kenya has set up offline farm input centers to help farmers order for farm inputs online or via SMS and pick them up from the centers in a move the firm says will increase access to inputs and double farm yields of farmers across the country. Dubbed kilimo smart ...
Naspers' backed horizontal classifieds platform OLX, has finally introduced premium featured listings in a heavy monetization push after spending millions of dollars on marketing and customer acquisition in Kenya, and various markets in sub-Saharan Africa. The move will see its over 150,000 daily users pay between Ksh.999 to Ksh. 5,499, depending on ...
Facebook is taking on Craiglist and OLX with its latest launch of Marketplace, a peer-to-peer platform to allow Facebook users sell or buy from their friends online without ease. According to Mary Ku, Director of Product Management at Facebook , Facebook is where people connect, and in recent years more people have ...
This year's OLX Soma Awards attracted social media users from different walks of life and recognized some of them for making good use of social media hence positively impacting the society. Agriculture being one of the most important source of revenue in the country, received a tremendous recognition from OLX Soma ...
Naspers'-backed classifieds site OLX has launched an SMS service in a move to have as many people in Kenya to sell their stuff online minus an internet connection. The firm is especially targeting farmers who do not own smart phones and has signed up over 9000 potato farmers in ...
Naspers-backed OLX has launched Storia.ro, a real estate platform for its customers in Romania, making an impression that the firm is willing to play further into Romania's and other market's real estate markets with more premium platforms catering for the high-end market. OLX is live in several other markets ...
Nigeria's search engine for local business Vconnect.com has rolled out new upgrades on the website that prioritizes business discovery and engagement in a move to make it easier for people to find, connect with, and buy from the 1.2 million business on its network. The overall design is now simpler and more functional. ...
South Africa's online identity verification solution, ThisIsMe, has raised $2.5 million from private investors to launch in Australia and New Zealand as well as Nigeria when talks with a partner mature, according to ThisIsMe CEO, Mark Chirnside. ThisIsMe proves the individual to other individuals, businesses, accountable institution’s and regulators. The ...
Naspers'-baacked online classifieds site, OLX.com.ng recently launched a paid user support service to help users manage the posting and selling of items on the site, a move expected to grow its user base as well as revenues. Dubbed Do It For Me (D.I.F.M), the premium service is targeted at users ...
Naspers’-backed online classifieds firm OLX has partnered with logistics firm G4S in a move that will see sellers deliver goods to buyers with ease as well as boost user safety online as OLX sellers will safely deliver their items to G4S centers, a move that is likely to cut down ...
What it takes show had a one on one interview with OLX Kenya Country and Sub-Saharan Expansion Manager, Peter Ndiang’ui about his career journey from a humble beginning in a farm in Nyeri to the top of one of the fastest growing companies in Africa. This is a ‘Must Watch’ ...
Going live today, Kenya’s Toimart is a marketplace for babies’ and children’s stuff that’s promising parents a better way to buy or sell kids products and services including new and pre-owned clothes and toys. Toimart existed as a Facebook Page and after garnering over 13,000 users selling over 1,000 items ...
After acquiring TradeStable, which OLX Nigeria says was big competition, the firm has said that though they have many competitors, the closest one is Jiji.com, a firm run by Naij.com and with no relation to eBay's Kijiji.com. In an Interview with The News Nigeria, a popular local news site, Lola ...
Ringier just said it's seeing remarkable success in Africa and it has got off to an excellent start in 2015, with revenue in the first quarter of the new year four times higher than in the last quarter of 2014. It's portfolio companies saw a nearly by factor five increase ...
You probably know eBay's Gumtree.co.za, Nasper's OLX which is allover the Internet and probably on your TV. We expect you know Ringier's Ady in Nigeria and PigiaMe in Kenya, there are some other players like JunkMail Publishing too. Last week our friends at Rocket Internet announced they are going to ...
