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OLX CARS
CarTrade Technologies open to further acquisitions to fast-track expansion plansThe integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per m...11 Jan, 2024, 07.07 PM IST- CarTrade's Sobek shuts customer-to-business operations, shifts focus to classifieds businessSobek Auto’s C2B transaction business struggled with its unit economics. The company aims to reduce both human resource and other administr...25 Oct, 2023, 05.34 PM IST
- 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 ...13 Jul, 2023, 08.54 AM IST
- 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...10 Jul, 2023, 11.39 PM IST
- 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 ...13 Sep, 2021, 12.45 PM IST
- 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...23 Aug, 2021, 04.07 PM IST
- OLX launches franchisee model for used carsCustomers will have access to a larger inventory of cars, avail warranty services, roadside assistance, and insurance on their pre-owned ca...21 Aug, 2020, 01.09 PM IST
- Spurt in demand for pre-owned personal vehicles: ReportOLX and OLX CashMyCar had conducted a study with over 3,800 respondents between April-June 2020, and also analysed indicators from over 4.5...23 Jul, 2020, 02.07 PM IST
- 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...07 Nov, 2019, 04.07 PM IST
- 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...25 Oct, 2019, 07.59 PM IST
- 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.10 Sep, 2019, 03.07 PM IST
- 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.04 Sep, 2019, 07.15 PM IST
- 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.12 Jul, 2019, 04.30 PM IST
- 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.24 Mar, 2019, 01.35 PM IST
- 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...26 Nov, 2018, 12.13 PM IST
- 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...28 Oct, 2018, 09.19 AM IST
- Olx revenue makes 'Quikr' surge of 58%, profit up 31% in FY17Olx competes with Quikr in India which had reported a 20% increase in net loss at Rs 534 crore and 66% increase in operating revenue at Rs ...24 Oct, 2017, 09.44 AM IST
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