Wednesday, April 24

Search Results for: olx

OLX Cash My Car launched its 50th store

New Delhi: Naspers-owned OLX Cash My Car, today announced the opening of its 50thstore in Bandra, Mumbai a milestone for the brand’s strategic expansion plans in India. OLX Cash My Car has continued to expand its footprint aggressively with presence across 10 key cities in India, since its launch in August 2018. During the last month […]

OLX Generates 3 Times Revenue With Pre-Owned Cars Category

India’s Online marketplace Olx has triple its revenue in the second-hand cars selling category by doubling its business seller base in 2017. The automobile category, which comprises of cars and bikes, is the most active section on the mobile platform and accounts for 45% of total user visits. 15,000 cars are up for sale on […]

Indian Homes Have Rs 78,300 Cr Worth of Used Goods: OLX Report

Indian homes are estimated to have over Rs 78,300 crore worth of used goods like clothing, utensils and books, a study by used goods marketplace OLX said today. According to the third edition of Consumer Research on Used Goods and Selling Trends (CRUST) Survey 2015-16, the estimated market for used goods was about Rs 56,200 […]

6 out of 10 Parents do not monitor the Content their Kids view Online: Survey

New Delhi: OLX, India’s leading classified’s platform today released findings from the company’s 2019 Internet Behaviour Survey. The survey with 26,000+ netizens reveals the attitudes and behaviour towards safety – both online and in general, with the aim to drive awareness and a call to action to all users to actively play a part in […]

Music Streaming Service Spotify Launching in India Within 6 Months

The popular music streaming service Spotify will reportedly make its India debut in the next six months. The company says that they will offer an extended free trial period when it launches in the country. Spotify currently offers a 30 day trial to all its new customers across the world. This development comes after the Swedish company entered 13 Arab […]

Microsoft Co-founder Paul Allen Passed Away at 65

The co-founder of software giant Microsoft Paul Allen has passed away in Seattle at the age of 65. Along with Microsoft, Allen also founded a privately held company in 1986 called Vulcan. It was two weeks ago that Allen tweeted and disclosed that the cancer, for which he was successfully treated nine years ago, had […]

GoZefo Raises Rs 21 Crore from a Stage-agnostic Investment Firm

Online marketplace for second-hand goods GoZefo has reportedly raised an amount of around Rs 21 crore (close to $3 million) in a fresh round of funding. The particular funding round was led by stage-agnostic investment firm FJ Labs. FJ Labs is a New York-based company co-founded by Fabrice Grinda who is one of the founders […]

MobiKwik Appoints Three New Business Heads, Aims Four-Fold Growth

Digital financial services platform MobiKwik has announced the appointment of three new business heads across three different verticals, with an aim to restructure the senior leadership team. The basic idea behind these appointments is to achieve a four-fold growth in the current year. The company has appointed : – Deepak Batra as the Head of Online […]

Online Firm Cars24 raises $50 Million For the Purpose of Expansion

Online marketplace for the sale and purchase of second-hand cars ‘Cars24’ has raised funds amounting to $50 million (Rs 340 crore). The latest funding round was led by Sequoia Capital. The other existing investors that participated in the funding round were Cayman Islands-based Kingsway FCI Fund and Toronto-based KCK Global. After this round, the market […]