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OLX CAR SALES
CarTrade, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...- Delhi blast case: Hyundai i20 was sold on October 29 to Pulwama resident Amir, says the second hand car dealerA Hyundai i20 involved in the Red Fort blast was sold via OLX to Amir Rashid, whose ID showed a Pulwama address. The dealer confirmed the s...
- 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...
- OLX to slash workforce by 15%, fire at least 1,500 employeesThe company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-ba...
- Indian used car market to grow 12-14% in next few yearsThe Indian used car market is expected to reach a size of over 70 lakh vehicles by 2025-26, up from 38 lakh in 2020-21, a study by OLX Auto...
- Chip shortage causes demand spillover in used car market“We have seen used car demand shoot through the roof from April to August. In April, we did business of $130 million, which is now at $165 ...
- OLX Autos crosses $1 billion-sales milestone"Introducing home and self car inspections during COVID-19 has helped our customers cope with the lockdown period that hit many of our mark...
- Logistics vertical sees maximum job growth in 2019: OLX People studyThe study on India’s blue collar jobs industry takes a closer look at the job situation in the blue collar sector in India and how it is go...
- E-sellers drive in vintage cars, bikesYou now have a chance to get your choice of such vintage cars or bikes from online platforms that are diversifying into this niche — but gr...
- BS4 and BS6 price gap to boost used car marketThe price difference between BS4 & BS6 vehicles will be sharp enough to make second-hand cars attractive.
- 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...
- The cat and mouse game starts in used cars’ online salesOnline ad sites are using AI and other filters to prevent stolen vehicles from getting listed on their platforms, but their efforts are onl...
- Pre-owned car sales expected to grow 10 pc in 2019, millennials emerge biggest buyers: OLXAt 440 million, millennials comprise over a third of India's population, and nearly half of the total working population.
- Used car market to touch $25 billion by 2023: OLXAccording to online classifieds platform OLX, millennials are the driving force behind the growing pre-owned car market.
- 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 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.
- 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...
- Rural India selling cows, buffaloes on OLX, QuikrOLX, which has a majority of users mainly from metros, is also finding that small town traffic on its site is growing.
- Online classifieds find rural tractionOnline classifieds players Quikr and Olx are finding good traction for their business from semi urban and rural areas in states like West B...
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