Two best-known websites for selling
old/unused products online in India are Olx and Quikr.
Olx is an interesting classifieds tool for buying
and selling all sorts of things.
At Olx, we love to help our users make that"Perfect Buy" for themselves.
There is no suggestion that a tie-up between Olx Indonesia and Carousell will happen.
As of now, only on Olx 2,466 ad posting for selling Goats
have been made.
Olx allows the user to post free ads
and sell/buy items at a fair price.
Hi5 evaluated some new features of Olx like displaying and also sharing different ads with friends.
According to a report, 20- to 30-year-olds or young women are buying older cars at Olx.
One rival to keep an eye on may be Olx Indonesia, which counts both Telenor and Olx as investors.
Olx has regional sites for different countries and areas,
so you may have to explore before you find your version.
Olx India a free classifieds website launched
back in 2006 has now become one of the largest classifieds website in India.
Olx has been a market leader in online classifieds since 2006,
helping customers around the world buy, sell or exchange almost anything.
The best example of
C2C would be online marketplaces such as Olx, where which one individual sells a product
or service to another.
The thing which is surprising is that for
the first time ever, vendors are turning to online marketplaces like Olx to sell their Goats.
Regardless, Olx and its“diverse experience” worldwide has provided strong input for
Carousell, though Malani stresses its involvement is only at the board level rather than operational.
Once we started the dialogue[and] sensed that there was an interesting combination and interesting mix, we
took the matter to the board, where Olx is present.”.
Anyone looking for clues on possible outcomes should recall that Olx took full control of Russian classified
giant Avito in January 2019 for a cool $1.16 billion.
Olx, the free online India classifieds site,
which was launched way back in 2006, is now a household name for people who have internet access in India.
He further said,“Pre-owned cars have always outsold the new cars,
and with the increasing trend of Unboxed cars, Olx can bring incredible value and savings for buyers.
You can search in Google or free classified sites like Olx, Quikr etc. for the direct
companies who can provide you the data entry jobs at your home.
Carousell commanded a valuation of
$560 million in April following the investment from Olx, while 701Search was valued at $330 million
after Telenor bought out partner Singapore Press Holdings(SPH).
Avito's own growth took off following a 2013 merger between two Olx properties,
and a $50 million capital injection that valued the new entity at around $570 million.
With Olx and Telenor among its core shareholders and through investment and consolidation deals,
it has picked up enough speed to become a part of the global classifieds elite.
In this study of Olx and Olx Cash My Car,
more than 1,500 people across the country who have bought and sold old cars in the last one year.
Commenting on the report, Sunny Kataria,
vice-president of auto category, Olx India, said:“Unboxed cars represent a fantastic
opportunity for buyers to grab a car of their dreams at extremely attractive prices.
Prior to the deal becoming official, Olx had intended for Carousell to become a proxy in Southeast Asia,
with the investment eventually leading to a full majority ownership in the future.
Such is its familiarity with classifieds in the region and
its deal-making nature that there's a case to be made that Olx may have played a part in the 701Search merger.
By default, Olx finds your location and offers only listings near you,
but you can also manually change the country to show ads from around the world or for a particular place.
Olx had, as mentioned, cherry-picked two 701Search businesses to merge
with its local entities in Thailand and Indonesia, so why not finish the job and pin the remainder to its Carousell asset.
Not only did Carousell choose to stay the course,
but it also earned major validation this past April when it closed a $56 million investment from Olx, the classifieds business belonging to Naspers.