“OLX is one of the world’s leading classified services and the current leader in Latin America and Asia. With a presence in 90 countries in 40 languages, the free classifieds site has a strong user base internationally, with over 125 million unique visitors per month worldwide,” he said.
“By consolidating the two businesses we enjoy the expertise of a global classifieds business as well as the hands-on local knowledge of the Kalahari Ads team who will ensure prompt customer support and high moderation standards enabling the safest place for buyers and sellers,” Casarin added.
Among a range of new online features, the innovative OLX platform also offers mobile apps for a wide range of smartphones, including Android, Nokia, Blackberry, and iPhone, together with a mobile site for non smart-phone users.
Naspers made the strategic investment in OLX in August 2010.
Naspers owns Dealfish Nigeria, another Classifieds company in Nigeria.
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