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 Tech shares jump 17% on acquisition of OLX India’s auto businessThe cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisiti...
11 Jul, 2023, 10.55 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
Online marketplace OLX Group lays off 800 employees globallyAccording to publication TechCrunch, the move comes as the company begins to phase out activities of its automotive business arm Olx Autos ...
21 Jun, 2023, 01.12 AM IST
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...
31 Jan, 2023, 12.38 PM IST
OLX Autos appoints Siddharth Agrawal as country head of marketingAn alumnus of NMIMS, he comes with a wealth of experience spread across marketing, sales and operations in multiple leadership roles in the...
25 Apr, 2022, 04.36 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 People elevates Olive Sen as the head of product and marketingSen will lead the product, marketing & analytics teams for OLX People and Waah Jobs, the blue-collar jobs marketplace in India.
23 Mar, 2021, 04.37 PM IST
OLX Autos appoints Gautam Thakar as global CEOThakar, who will take up the role starting March 15, will manage the global operations of OLX Autos based out of India.
22 Feb, 2021, 12.52 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
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
OLX to double sales team, expand presence across 25 citiesOLX, the online classifieds marketplace for auto, real estate and goods and services with 40 million monthly active users will double the h...
22 Jan, 2019, 05.14 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