OLX

OnLine eXchange also known as OLX Group is a Dutch-domiciled online marketplace headquartered in Amsterdam, and owned by Prosus, the international assets division of Naspers, founded in 2006 and operating in 45 countries.
The OLX marketplace is a platform for buying and selling services and goods such as electronics, fashion items, furniture, household goods, cars and bikes. In 2014, the platform reportedly had 11 billion page views, 200 million monthly active users, 25 million listings, and 8.5 million transactions per month.
South African media group Naspers acquired a majority of OLX in 2010 and 95% of the company in 2014.
History.
Fabrice Grinda and Alec Oxenford started the company as a Craigslist alternative for the world outside of the United States.
In 2006, it acquired Mundoanuncio.com, a classifieds site targeting the Hispanic market and in 2007, it made an investment in Chinese classifieds site Edeng.cn.
In 2009, the company partnered with social network Hi5.
In 2010, a majority of the company was acquired by the South African media group Naspers. In late 2016 it launched Tradus as a heavy machinery classifieds site.
Individual countries.
In Pakistan, OLX receives nearly 30 million views per month.
In India, about 99% of its listings come from used mobile and electronics, used home and household goods, and used cars & bikes. OLX's operations in India, like other online retailers, has faced problems with fraud and with people selling stolen vehicles, something they have made efforts to address; nearly 25% of the car listings on their site get rejected. In December 2020, OLX Launched OLX Autos in India. CEO of OLX Autos in India is Amit Kumar. 
OLX Cashmycar, a joint venture between Frontier Cars Group (FCG) and OLX in India was announced in November 2018. This was offline expansion of OLX online platform. OLX Cashmycar launched its 50th store in February 2019. 
In Brazil, OLX and bomnegocio.com, owned by Norway's Schibsted, combined in 2014 to create a classifieds site.
In Kenya in 2016, farmers have reportedly used OLX to sell their produce and livestock, especially chicken and cattle.
OLX launched in Nigeria in 2012. The company purchased its Nigerian competitor, TradeStable. However, in February 2018 OLX announced the shut down of its Nigerian office and a complete pullout from Nigeria.
In April 2019, online classifieds marketplace Jiji.ng acquired OLX businesses in Kenya, Ghana, Uganda, Tanzania and Nigeria
OLX is the leading classifieds website for users in UAE (under the name of dubizzle.com), Egypt, Bahrain, Saudi Arabia, Lebanon, Kuwait, Oman and Qatar. Since its launch in 2005 by J.C. Butler and Sim Whatley, dubizzle.com has become the number one platform for users to buy, sell, or find anything in their community. dubizzle is an OLX company.
Philippine classified ads site Sulit and social networking site Multiply rebranded as OLX in 2014. The merger in the Philippines between OLX and Ayos Dito redirected Ayos Dito users to OLX as of 2015. In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. The deal also gave OLX 10% stake in Carousell.
In Indonesia, in March 2014, OLX took over Tokobagus.com as a whole, including changing its name to OLX.co.id. In July 2020, BeliMobilGue rebranded itself as OLX Autos in Indonesia The CEO of OLX Autos in Indonesia since August 2019 is Johnny Widodo. 
In April 2014, Middle European classifieds of the Naspers group in Romania, Bulgaria, Kazakhstan, Belarus, Hungary and Poland rebranded as OLX.
In September 2014, the Ukrainian classified Slando.ua joined the OLX Group.
OLX ceased its operations in Venezuela on September 11, 2018, due to complex political issues and lack of free dealing.
The Russian classified Avito is the second biggest classifieds site in the world after Craigslist.
Criticism.
Over the years, OLX has become a common place for fraud, especially sellers who post fake advertisements to dupe buyers upon receiving advance payment, and fraudulent buyers who engage in UPI scam, phishing, and sending fake SMSes and emails of payment confirmation.
In 2018, OLX claimed that it rejects nearly 25% of the advertisements at the initial stage; the company also stated that it would work with law enforcement agencies to curb fraudulent activities on the platform. Despite these claims, advertisements to sell properties of public interest, such as the Statue of Unity and a former Indian Air Force fighter jet, have been posted on the site.
Auctions of items with racist content.
In July 2020, the Polish anti-racist organization Never Again announced that on the OLX platform one can purchase fan stickers with the name of Janusz Walus, a Polish-born far-right activist serving a life sentence for a racist murder in South Africa. In September 2020, in cooperation with Never Again, South African media published a series of articles about the auctions of items with racist and fascist content that were for sale on OLX. OLX's parent company, Naspers, had published pro-apartheid propaganda during the apartheid era, for which it publicly apologised in 2015. During the September 2020 media attention to the issue, Naspers media relations director Shamiela Letsoalo stated that Naspers "unequivocally condemns racism, including racist content posted by external parties for sale on the trading platforms of our companies. Our systems use technology automatically to identify and remove listings that violate OLX's policies ... we are constantly improving its accuracy".