Olx

Online marketplace OLX to slash over 1,500 jobs globally, including India

Joining the mass layoff season, online marketplace OLX Group is slashing 15% of its workforce, or more than 1,500 employees, globally including in India

Pre-owned segment likely to narrow value gap with new cars by FY27: Study

Shift to UVs from sedans, vans, and small cars to drive the trend

Pre-owned car sellers see brisk volume growth as chip crunch persists

The market for used cars has been outselling, trend expected to continue

Policy vacuum speed breaker may slow down India's booming used car market

The pre-owned car market has got a boost with the entry of startups like Cars24, Olx Autos, Droom and CarTrade. But there's still a policy vacuum here. Let's understand how it can hit the market

OLX Autos unveils new product platform for pre-owned car trade

The firm unveiled a new web as well as a mobile platform designed to bring a new level of innovation and convenience to pre-owned car trading in India

4 arrested after PM Modi's Varanasi office is listed on OLX for sale

The accused had taken a picture of the "Jansampark Kaaryalay (public relations office)" of Modi in Varanasi

Online used car aggregators see brisk business as demand outstrips supply

Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals

Covid-19 impact: Over 54% potential buyers prefer used car, says study

Even as the preference for a personal vehicle is growing owing to safety concerns, buyers are not willing to fork out much

Repair or replace: Some troubleshooting tips if expenses are an issue

If the repair cost is more than 50 per cent, it may make sense to replace

Delhi HC restrains Quikr, Olx from publishing ads related to Reliance, Jio

Defendant's web portal enables consumers to publish advertisements for selling and offering goods and services for a consideration

Among blue-collar jobs, logistics has the highest function of demand

Industry estimates suggest the logistics sector will create employment for at least 3 million people by 2022, said OLX People

Tricky predictions: How users, producers may adapt to shared consumption

In collaborative systems, the role of the users may switch between ''consumers'' and ''producers''

Prosus-owned OLX invests $400 million in FCG's used car business

In India, OLX and FCG have a joint venture that operates OLX CashMyCar stores across almost 17 cities

Pre-owned vehicles are likely to witness 10% growth in sales: OLX

Sales of pre-owned cars in the domestic market stood at 4 million in 2018 and is estimated to be at 4.4 million in 2019, said OLX Auto Note study, a consumer report on the pre-owned car market

OLX is undergoing a complete overhaul as part of a global brand reform

OLX is undergoing a complete overhaul as part of a global brand reform. Has it covered all the bases?

OLX Group acquires Aasaanjobs to strengthen its jobs vertical biz

This will help address the growing requirement of over 60 million urban workforce in India valued at over $1 billion

Olx betting on B2C segment to boost market share in used-car market

At present, OLX gets around 120,000 fresh unique B2C listing every month and 450,000 unique listings every month overall

OLX revenue jumps 58%, turns profitable, puts pressure on rival Quikr

Classifieds platform OLX has become one of the first large e-commerce companies in India to turn profitable, putting even more pressure on Tiger Global-backed rival Quikr.In disclosures to the registrar of companies for financial year 2016-17, the company reported profit of Rs 8 crore on revenue of Rs 92.5 crore. Earnings rose 58 per cent from the previous year, according to the regulatory filings sourced from Tofler.OLX had reported a loss of Rs 2.1 crore for the 12 months ending March 2016.In June this year, Martin Scheepbouwer, chief executive of the classifieds business for Naspers (it has majority stake in OLX), had said OLX "out executed" Quikr in India. He, however, added that monetising the business in the country was still a few years away."India is a key early market for OLX, in which we had to deploy significant capital in the past years. This investment has been put to very good use by out-executing our main competitor, Quikr," Scheepbouwer had said.Quikr is far from ...

Study by OLX reveals millennials mostly buy & sell pre-owned mobile device

Desire to upgrade is the primary reason for selling mobile phones for 68% households in India

Indians stock Rs 78,300-cr worth unused goods: OLX Crust survey

South India leads other regions on stocking, while among cities, Chandigarh and Kochi at 98% lead the stocking chart