UBS initiates coverage on CarTrade Tech with Buy rating, sees 42% upside. 4 reasons whyUBS has initiated coverage on CarTrade Tech with a Buy rating and a target price of Rs 4,000, implying a 42% upside from current levels. Th...
CarTrade Tech shares rocket 6% as Nomura raises target price. Here are 3 reasons whyCarTrade Tech shares rose after Nomura reiterated its 'Buy' rating and raised its target price, citing stronger growth prospects for OLX. T...
CarTrade Tech shares surge 12% in two days after launching new used-car platformCarTrade Tech shares rallied after the company launched CarTrade Used Auto, a new platform targeting India’s fragmented used-car market. In...
CarTrade Tech says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...
CarTrade to acquire OLX India’s auto business for Rs 537 croreIn a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OL...
Most sold brands on our platform are Maruti Suzuki, Hyundai & Honda: OLX CMC's Bhaskar BagchiAuto is the largest category for OLX in India and generates 45% of the revenue for OLX India, says Bhaskar Bagchi, General Manager, OLX Cas...
OLX Cash My Car appoints Bhaskar Bagchi as GMBhaskar will spearhead the India operations for the venture and will spearhead the strategy and growth of the company.
India is among top growth markets for OLX: Sushil Kumar, GM, OLX India"People browse the app for market understanding to begin with, and then eventually convert to buyers and sellers on the platform," he said
OLX refreshes brand identity, upgrades app & web experienceThe OLX platform been helping users buy, sell or exchange almost anything.
Olx India to focus on business expansion for now, monetisation after clocking 10-fold growthAlso, the online classifieds platform aims to double its monthly active users to 10 crore from the current 5 crore.
With German company FCG in tow, Olx goes offline for used car tradeThe online-to-offline model for used car transactions will be enabled via Olx India directly, unlike the company’s listings-based model act...
Olx India almost doubles revenue and profit in FY18 riding on autos and smartphonesOnline classifieds platform Olx India has witnessed stellar growth in FY18 scoring past its performance last year. The Naspers-owned platfo...
OLX launches Webwise, an initiative to promote online safetyUnder Webwise, OLX will be promoting online safety through its initiatives like product updates, user safety guidelines, awareness programs...
OLX India appoints Momtaz Moussa as its general managerMomtaz will lead the India business to boost OLX’s dominant position in online classifieds and will especially focus on accelerating growth...
OLX emerges as the largest platform for buying and selling pre-owned two-wheelers: ReportIn terms of the quantum of listings, OLX has the largest share of the pre-owned two-wheelers market by any single player.
OLX India announces new senior leadership appointmentsOLX, which is backed by South African media giant Naspers, has appointed Irwin Anand, formerly chief growth officer at its India unit, as i...
Mobiles drive classified site OLX's growth in IndiaOLX mobile apps have exceeded 3.2 million app downloads in India, and is amongst the top ranked and rated apps across all mobile app stores...