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OLX Group
Global online marketplace aggregator
- 1001+ employees
- B2C
- B2B
- Lifestyle
- Artificial Intelligence
- Marketplace
- Cars
- Fashion
- Real Estate
- Machine Learning
- eCommerce
- Zuidas, Amsterdam, Netherlands
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Company mission
To shape the future of trade to unlock the hidden value in everything.
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Our take
OLX group started as an alternative to Craigslist outside the US and has since ridden the wave of classifieds, e-commerce and marketplaces to become one the most prominent web platforms in the world.
Over 300 million people use an OLX group website every month. The company has managed to reach this level primarily through the acquisition and integration of emerging marketplaces that typically delight customers with their easy-use and quality range.
The company is now deepening its M&A strategy by integrating further marketplaces and inventories on behalf of its largest platforms, like OLX Autos. The business has already done $1B of revenue since operation.
While some brands have been flying high, others like the Russian-based Avito have become liabilities. Navigating these fluctuations in the fortunes of its ever growing portfolio of brands will continue to pose the biggest challenge for the group.
Steph
Company Specialist at Welcome to the Jungle
Company values
- Start With The Customer: We continuously seek to deliver exceptional customer experience, from start to finish
- Think Big and Be Bold: We constantly reinvent ourselves, our products and OLX
- Act As Owners: We take ownership as individuals, and as teams, to drive results and solve problems
- Act As One Team: We build each other to succeed faster
- Act With Care And Integrity: We always strive to do the right thing for our people, our communities and our planet
Funding (last 2 of 3 rounds)
May 2009
$5m
SERIES C
Apr 2008
$13.5m
SERIES B
Total funding: $28.5m
This company has top investors
Leadership
Christian Gisy
(CEO, not founder)Previously Non-Exec Director at Takko Fashion, Chairman and Non-Exec Director at atHomeGroup and was Co-Founder at playSports GmbH.
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